AsianFin -- U.S. President Donald Trump suggested on Monday that U.S. companies should report earnings every six months instead of the current quarterly schedule mandated by the Securities and Exchange Commission (SEC).

In a post on Truth Social, Trump argued that extending the earnings cycle would “save money, and allow managers to focus on properly running their companies.” He added, “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!!!”

Trump first floated the idea during his presidency. In a 2018 post on Twitter, he cited feedback from business leaders who believed that semi-annual reporting could help reduce costs and streamline operations.

The proposal touches on a long-debated topic among corporate executives and investors: whether the current quarterly reporting system encourages short-term thinking at the expense of long-term growth. Critics argue that reducing reporting frequency could lower transparency for shareholders, while proponents say it would free management to focus on strategic decisions rather than constant reporting.