Trump's Semiannual Reporting Idea Wins On Costs, Loses On Everything Else
Trump claims shifting earnings reports to every six months would save money and promote long-term planning, while Senator Warren insists it reduces transparency for investors.
7 Articles
7 Articles
Trump's Semiannual Reporting Idea Wins On Costs, Loses On Everything Else
President Donald Trump is once again shaking up Wall Street’s rule book. This week, he called for U.S. companies to ditch quarterly earnings reports and switch to a six-month schedule instead. "This will save money and allow managers to focus on properly running their companies," he wrote on Truth Social. If that sounds familiar, it's because Trump floated the same idea back in 2018 during his first term. The SEC even opened a comment period at …
Elizabeth Warren says there’s a hidden reason why Trump wants to end companies’ quarterly earnings requirement
“It undermines transparency,” Sen. Elizabeth Warren said of Trump’s proposal. “That is the whole point here.” Angela Weiss / AFP via Getty Images Trump said that companies should no longer have to report earnings to the SEC every quarter. Sen. Elizabeth Warren criticized the suggestion, saying it undermines transparency. She says that’s the point — and that Trump doesn’t want “real numbers reported.” Sen. Elizabeth Warren isn’t a fan of Preside…
Elizabeth Warren says there's a hidden reason why Trump wants to end companies' quarterly earnings requirement
"It undermines transparency," Sen. Elizabeth Warren said of Trump's proposal. "That is the whole point here."Angela Weiss / AFP via Getty ImagesTrump said that companies should no longer have to report earnings to the SEC every quarter.Sen. Elizabeth Warren criticized the suggestion, saying it undermines transparency.She says that's the point — and that Trump doesn't want "real numbers reported."Sen. Elizabeth Warren isn't a fan of President Don…
Senator Elizabeth Warren is not in favour of President Donald Trump's idea of ending quarterly reporting requirements on results."Sovereign transparency," said the Massachusetts Democrat in an interview with Yahoo Finance on Tuesday night. "That's the issue."Today, the Stock Exchange and Securities Commission (SEC) demands that listed companies present their results quarterly, i.e. every three months.Trump said Monday that the requirement should…
The SEC wants to eliminate quarterly reports By Redacción de Sin Comillas The U.S. Stock Exchange and Securities Commission (SEC) confirmed that it will give priority to President Donald Trump's demand to end the legal requirement that companies listed on the Stock Exchange submit the results quarterly. "At the request of President Trump, President [Paul] Atkins and the SEC are prioritizing their proposal to further eliminate unnecessary regulat…
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