In a post on his social media platform Truth Social, Trump urged U.S companies to report earnings results every six months instead of quarterly, to save money and to focus on properly running their business.
"Subject to SEC Approval, Companies and Corporations should no longer be forced to "Report" on a quarterly basis (Quarterly Reporting!), but rather to Report on a "Six (6) Month Basis." This will save money, and allow managers to focus on properly running their companies. Did you ever hear the statement that, "China has a 50 to 100 year view on management of a company, whereas we run our companies on a quarterly basis??" Not good!!!".
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by Joji Xavier
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