Trump also made the suggestion during his first term.
Trump said the idea is "subject to SEC approval" and would "save money, and allow managers to focus on properly running their companies."
President Donald Trump said Monday that American public companies shouldn't have to report quarterly earnings, but they should change to a six-month schedule.
The US president urges regulators to adopt a semi-annual schedule for financial reports.
The president proposed changing the rules to require twice-yearly reports, revisiting an idea from his first term.
Would less frequent reporting mean better long-term decision-making, or more crazy speculation?
President Donald Trump had mooted scrapping quarterly company reports to allow CEOs to make better long-term decisions.
Donald Trump will, dass Unternehmen die Öffentlichkeit nur noch alle halbe Jahre über ihr Geschäft in Kenntnis setzen. Die Idee hat Gegner und Fürsprecher.
US-Präsident Trump will die vierteljährlichen Geschäftsberichte abschaffen, um Unternehmen zu entlasten. Ist das Bürokratieabbau oder Deregulierung?