Trump Proposes End of Quarterly Reports: Companies Should Report Earnings Only Twice a Year

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Donald Trump on Monday unveiled a major proposal: U.S. companies should publish earnings just twice a year instead of the traditional four quarterly reports.

From Quarterly to Semiannual Trump announced his idea on Truth Social, arguing that switching to semiannual reporting would cut costs and free executives from focusing too heavily on short-term targets. “Companies should no longer be required to report quarterly… but every six (6) months instead,” he wrote. He linked the proposal to long-term strategic thinking he associates with Chinese firms, calling it absurd that “China plans 50 to 100 years ahead, while American companies are forced to manage quarter by quarter.” The change could be implemented either by the SEC or through legislation passed by Congress. Trump also pointed to practices in the U.K. and EU, where semiannual reporting has become standard.

TikTok and Trade Talks with China Trump didn’t stop at earnings. He hinted that trade negotiations with China are progressing well and that a deal is close regarding “a certain app beloved by young Americans” — clearly TikTok. “They will be very happy!” he wrote. He added that he will soon speak by phone with Xi Jlnping, describing relations between the two countries as “very strong.” According to insiders, TikTok may serve as a bargaining chip in broader trade talks. Beijing could agree to Trump’s conditions around the app in exchange for a reduction of tariffs on Chinese imports.

Trump Pressures the Fed on Rates Trump also renewed his call for the Federal Reserve to slash interest rates — immediately and more aggressively than expected. “WE MUST CUT INTEREST RATES, IMMEDIATELY, AND MORE THAN THE FED ENVISIONS. HOUSING PRICES ARE UNSUSTAINABLE!!!” he wrote in all caps. His comments came just a day before the Fed’s two-day policy meeting, where a rate cut announcement is expected.

What’s Next? Trump’s push to change corporate reporting would mark a dramatic shift from the current Wall Street practice. Supporters argue it would reduce bureaucracy and allow firms to focus on long-term growth, while critics warn it could undermine transparency and market clarity. Meanwhile, the White House faces critical decisions: the fate of TikTok, ongoing tariff negotiations, and monetary policy. Trump suggested that the combination of these factors will set the course for the U.S. economy in the months ahead.

#TRUMP , #Tesla , #tiktok , #FederalReserve , #USPolitics

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