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President Donald Trump suggested Monday that U.S. companies should consider moving from quarterly to semiannual earnings reporting. In a post on Truth Social, Trump argued the change would reduce costs and allow executives to concentrate more on long-term business strategy.
The proposal, which Trump noted would require approval from the Securities and Exchange Commission (SEC), echoes past critiques of short-termism in American corporate governance. He cited China’s long-term management approach as a contrast, stating, “China has a 50 to 100 year view on management of a company, whereas we run our companies on a quarterly basis… Not good!”
While the idea is not new, it reignites debate over balancing transparency with strategic flexibility in financial reporting.
President-Trump-Picture-on-Flickr-by-Gage-Skidmore
