Trump calls on SEC to abolish quarterly financial reports Wall Street debates "transparency" and "flexibility"

According to the Securities Times App, for over half a century, US listed companies have been disclosing their performance quarterly. Early Monday morning, this practice was once again stirred up by a series of posts from President Donald Trump on social media. Trump vigorously advocated for extending the performance reporting cycle from every three months to every six months, believing that this move could "save money and help managers better run their companies."