What CEOs think about the SEC ‘prioritizing’ Trump’s plan to end quarterly reporting for public companies

Good morning. Quarterly earnings reports are a headache. There’s the hassle of getting the 10-Q together, updating financial data that may or may not be indicative of a company’s long-term potential or financial health. Analysts pepper you with questions; shareholders react. No wonder so many CEOs prefer to stay private. President Trump wants to do away with quarterly reports, arguing in a Truth Social post yesterday that doing so will “save money and allow managers to focus on properly running their companies.” The Securities and Exchange Commission, which has required...