Trump’s Call to Cut Earnings Reports Likely to Get SEC Attention

The article discusses President Trump's recent suggestion to cut the frequency of public company earnings reports from quarterly to biannual. The proposal aims to reduce regulatory burdens and provide more flexibility for companies. However, the article notes that this idea is likely to receive scrutiny from the Securities and Exchange Commission (SEC), which oversees public company disclosures. The article highlights that the SEC has traditionally prioritized transparency and timely disclosure for investors. Any changes to reporting requirements would need to balance the needs of companies and the interests of investors. The article suggests that the SEC may consider the potential impact on market volatility and investor confidence before making any decisions. The article provides context, noting that this is part of the Trump administration's broader efforts to reduce regulatory burdens on businesses. However, it emphasizes that the SEC's response and any potential policy changes will be closely watched by various stakeholders.