Trump Proposes Major SEC Shakeup: Quarterly Earnings Reports at Risk – How this Impacts Crypto Firms
President Donald Trump has revived his push to finish necessary quarterly earnings experiences for U.S. public corporations, calling for a change to semiannual disclosures in a transfer he says would minimize prices and permit executives to deal with long-term progress.
The proposal, outlined in a Truth Social post on Monday, would require approval from the Securities and Exchange Commission (SEC).
Trump Calls for Six-Month Earnings Reports, Citing China’s Long-Term Strategy
“Subject to SEC approval, corporations and firms ought to now not be compelled to report on a quarterly foundation, however quite to report on a six-month foundation,” Trump wrote.
He argued the change would save companies cash and provides managers house to “correctly run their corporations.”
Trump added that American corporations are trapped by short-term pressures, contrasting it with what he described as China’s “50 to 100 yr view” on company technique.
The thought just isn’t new. During his first time period, Trump directed the SEC to check the potential of transferring to six-month reporting, however the initiative stalled amid issues about investor transparency.
His renewed push aligns with arguments lengthy made by enterprise leaders resembling JPMorgan Chase CEO Jamie Dimon and Berkshire Hathaway chairman Warren Buffett, who in 2018 co-wrote an op-ed criticizing the “unhealthy deal with short-term earnings” created by quarterly reporting.
Hillary Clinton additionally raised the difficulty throughout her 2016 marketing campaign, warning towards “quarterly capitalism.”
The debate comes as some exchanges push for reform. According to the Wall Street Journal, the Long-Term Stock Exchange, backed by traders together with Andreessen Horowitz and Founders Fund, is making ready to petition the SEC to permit corporations to maneuver away from quarterly reporting.
“We hear loads about the way it’s overly burdensome to be a public firm,” mentioned Bill Harts, the change’s CEO.
Supporters of the present system argue that quarterly filings present transparency for shareholders and policymakers.
They say common updates from airways, banks, and expertise corporations give early indications about every part from journey demand to mortgage losses and developments like synthetic intelligence adoption.
Economists additionally warn that lowering the frequency of experiences may restrict investor oversight and cut back market stability.
Internationally, Trump’s proposal would deliver U.S. guidelines nearer to Europe and the UK, the place corporations report each six months however might select to launch quarterly outcomes.
In Australia, semiannual reporting is commonplace. By distinction, Chinese corporations face stricter necessities, with listed corporations obligated to publish quarterly, semiannual, and annual experiences, whereas Hong Kong-listed corporations function underneath a six-month system.
For crypto corporations which have gone public within the U.S., resembling Coinbase, the end result of this debate may show pivotal. Quarterly experiences at present present uncommon perception into buying and selling volumes, custody providers, and market demand.
A shift to semiannual filings might reduce that visibility, lowering the frequency of updates that traders and regulators depend on to gauge the well being of crypto companies.
Crypto Adoption by Public Companies Could Be Reshaped by Trump’s SEC Plan
The debate over quarterly reporting comes because the Trump administration sharpens its deal with digital belongings.
In June, the White House released a 166-page report from the President’s Working Group on Digital Asset Markets, outlining plans to place the U.S. as a world chief in cryptocurrency and blockchain.
Trump admin report requires clear SEC/CFTC crypto guidelines, DeFi adoption & fashionable financial institution reforms.#Trump #CryptoRegulations https://t.co/qLYj3tAhZ2
— Cryptonews.com (@cryptonews) July 30, 2025
Formed underneath Executive Order 14178, the group really helpful sweeping reforms to modernize monetary regulation, develop financial institution participation in crypto providers, and provides the Commodity Futures Trading Commission express oversight of non-security digital asset spot markets.
The report additionally hailed the signing of the GENIUS Act in July, which created the primary federal framework for stablecoins.
The administration mentioned the legislation would strengthen the function of the U.S. greenback in international finance whereas affirming its opposition to central financial institution digital currencies.
The White House described the suggestions as a pathway to a “Golden Age of Crypto,” claiming to have already ended banking restrictions on the trade.
Meanwhile, crypto corporations are reporting stronger outcomes as digital asset costs rebound. MicroStrategy posted $120.4 million in Q2 income alongside the acquisition of 12,800 further Bitcoin, bringing its complete holdings to 152,800 BTC.
Block reported a 34% enhance in Bitcoin income year-over-year, whereas Coinbase noticed income hit $663 million, regardless of going through ongoing litigation with the SEC. Robinhood additionally turned a quarterly revenue for the primary time since going public.
Analysts word that company adoption continues to speed up, with businesses now holding more than 6% of Bitcoin’s supply, a shift that might reshape monetary reporting if Trump’s SEC overhaul proceeds.
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