Trump’s push to scrap quarterly company reports will be a win for investors

Trump’s push to scrap quarterly company reports will be a win for investors

U.S. Treasury Secretary Scott Bessent has said President Donald Trump’s suggestion of companies reporting on a semiannual basis would be good news for investors. Trump proposed scrapping quarterly earnings reports in a Truth Social post on Monday, saying it would allow company executives to focus on long-term goals rather than fixate on short-term metrics. “President…

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