On Monday, Donald Trump posted on social media that he wanted US public companies to ditch quarterly reporting. It is yet another move by his administration to hand more power to corporate executives and take power away from investors. The FT's Wall Street editor Sujeet Indap and global business columnist Rana Foroohar break down the arguments for and against the president’s efforts, and what it’ll mean for businesses.
Mentioned in this podcast:
Trump’s quarterly reporting move is the wrong idea at the wrong time
Donald Trump tilts balance of power from investors to CEOs
Bonus ep: How the UK is navigating the Trump era
Email Marc with your questions (Marc.Filippino@FT.com)
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Swamp Notes is produced by Henry Larson. Sam Giovinco mixed this week’s episode. Our show is mixed by Kelly Garry. The FT’s acting co- head of audio is Topher Forhecz. Special thanks to Pierre Nicholson.