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Ganesh Rao@IN/RAO-GANESH@_GANESHRAO
WATCH LIVE
KEY POINTS
Bessent: Trump’s push to scrap quarterly company reports will be a win for investors
PUBLISHED TUE, SEP 16 20259:39 AM EDTUPDATED 3 MIN AGOGanesh Rao@IN/RAO-GANESH@_GANESHRAO
WATCH LIVE
KEY POINTS
- President Donald Trump had mooted moving to semiannual company reports to allow CEOs to make better long-term decisions.
- Treasury Secretary Scott Bessent said the move would cut costs for firms without harming investors.
- He also acknowledged that it could make the U.S. a more attractive destination for foreign companies looking to go public.