President Donald Trump on Monday said companies based in the United States should start reporting every six months instead of every three months per year, adding that the shift will save cash and keep executives focused on their businesses.
“This will save money, and allow managers to focus on properly running their companies,” Trump wrote on Truth Social. “Did you ever hear the statement that, ‘China has a 50 to 100 year view on management of a company, whereas we run our companies on a quarterly basis???’ Not good!!!”
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