Trump asks: Should Corporate America reveal its results less often? [USA TODAY]
JP Morgan Chase & Co. (JPM)
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Source: USA TODAY
CLOSE If you care about money, the economy and corporate America, earnings season matters. USA TODAY’S Matt Krantz breaks it down. USA TODAY President Donald Trump. (Photo: AP) CONNECT TWEET LINKEDIN COMMENT EMAIL MORE President Trump has asked Wall Street's top regulator to look into whether U.S. companies should report their financial results less often, a move that could upend long-standing rules and which critics claim could leave investors with too little information about the stocks they own. Instead of publicly traded companies disclosing how they've done every quarter, which are three-month stretches, the president tweeted on Friday that he wants the Securities and Exchange Commission to study if companies should instead share their results every six months. In his tweet, Trump said that in speaking with business leaders, he asked what would improve business and jobs, and one told him, Stop quarterly reporting
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