Trump's Semiannual Reporting Idea Wins On Costs, Loses On Everything Else

President Trump has proposed shifting U.S. companies from quarterly to semiannual earnings reports, arguing it would reduce costs and allow better management focus. While some, like Bill Harts of the Long-Term Stock Exchange, support the idea for its potential benefits to companies and investors, critics, including BlackRock, warn of reduced transparency and increased volatility. The SEC would need to undergo a formal rulemaking process, and the business community remains divided on the proposal, with significant opposition from major institutional investors.