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President Donald Trump brought a long-simmering debate on Wall Street to the surface Friday when he prodded regulators to look into scaling back how often publicly traded companies report financial results.

Trump’s proposal—released via Twitter and prompted, he said, by a recent conversation he had with PepsiCo Inc. CEO Indra Nooyi—would do away with quarterly reports and move to a semi-annual system.


Donald J. Trump @realDonaldTrump In speaking with some of the world’s top business leaders I asked what it is that would make business (jobs) even better in the U.S. “Stop quarterly reporting & go to a six month system,” said one. That would allow greater flexibility & save money. I have asked the SEC to study!

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