U.S. President Donald Trump speaks to the media earlier boarding Marine One connected the South Lawn of the White House successful Washington D.C., connected September 11, 2025.
Mehmet Eser | Afp | Getty Images
President Donald Trump floated the thought Monday of companies nary longer providing net study connected a quarterly ground and switching to semiannual instead.
In a Truth Social post, Trump said the thought is "subject to SEC approval" and would "save money, and let managers to absorption connected decently moving their companies."
"Did you ever perceive the connection that, 'China has a 50 to 100 twelvemonth presumption connected absorption of a company, whereas we tally our companies connected a quarterly basis??? Not good!!!'" Trump said.
The contented of quarterly reports has travel nether question before. In a 2018 op-ed piece for The Wall Street Journal, Berkshire Hathaway's Warren Buffett and JPMorgan Chase CEO Jamie Dimon advocated doing distant with quarterly guidance, though not net reports.
"In our experience, quarterly net guidance often leads to an unhealthy absorption connected short-term profits astatine the disbursal of semipermanent strategy, maturation and sustainability," the brace wrote.
Current regulations necessitate companies to study connected a quarterly basis, though providing forecasts is voluntary. The rules tin beryllium changed either from the Securities and Exchange Commission oregon could beryllium altered by Congress.
Supporters of the existent strategy accidental it provides investors with timely accidental arsenic good arsenic transparency astir nationalist companies.
Despite Trump's comments astir China, companies determination person reporting requirements that are akin to the U.S. if not much stringent. Chinese companies indispensable record quarterly net reports arsenic good arsenic semiannual and yearly reports.
Companies listed connected the Hong Kong exchange, however, lone study each six months.
Trump's connection would beryllium much successful enactment with practices successful the U.K. and European Union, wherever companies are required to record semiannually but tin contented quarterly reports if they choose.
Earlier this year, Norway's sovereign wealthiness money projected switching to semiannual reporting, reasoning that lengthening the clip framework would let companies to absorption connected the longer term.
The White House declined further remark connected Trump's post.
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