American investors have come to expect and rely on frequent disclosures from public companies, but some critics say it hinders long-term thinking and innovation.
The Securities and Exchange Commission currently requires public companies to report earnings quarterly, but the president wants to move to twice-yearly reporting.
The Trump administration is focused on testing Humphrey’s Executor, a 90-year-old legal precedent that requires cause for firing independent agency appointees.
Some companies with ongoing legal and regulatory disputes with federal agencies have an incentive to wait for the new, likely more business-friendly, administration to come into power.