A Friday in August may not seem like the opportune time to launch a new policy initiative, but President Trump’s Aug. 18 tweet has nevertheless grabbed the attention of business leaders with its call on the Securities and Exchange Commission to end quarterly earnings reports:
“In speaking with some of the world’s top business leaders I asked what it is that would make business (jobs) even better in the U.S. ‘Stop quarterly reporting & go to a six-month system,’ said one. That would allow greater flexibility & save money. I have asked the SEC to study!”
