Treasury Secretary Scott Bessent supports President Trump's proposal to shift U.S. companies to semi-annual reporting. Trump argues this would reduce focus on short-term gains and align the U.S. with international practices. While Bessent believes this could attract more foreign companies to U.S. markets by lowering compliance costs, some investor groups express concern that less frequent reporting might not sufficiently protect investor interests. The number of publicly listed U.S. companies has significantly decreased in recent decades, partly due to increased regulatory burdens.
Prepared by Christopher Adams and reviewed by editorial team.
Comments