What CEOs think about the SEC ‘prioritizing’ Trump’s plan to end quarterly reporting for public companies

President Trump wants to get rid of the quarterly reports, discussing a social publication in fact yesterday that this “will save money and allow managers to focus on managing their companies properly.” The Securities and Stock Exchange Committee, which has requested a quarterly deposit for public companies since 1970, “gives priority” to the proposal.

But what do executives believe? I have heard a lot of complaint over the years, but when they are pressed, most of them appreciate the discipline and transparency that comes with a quarterly files. One of the CEO also told me yesterday: “It also imposes internal accuracy and accountability.”

For the Chairman and CEO of QXO, Brad Jacobs, who took many public companies, is part of the package. He also told me earlier this year, before ascending to the New York Stock Exchange agreement agreement for the ninth time, strengthening 10-e credible and transparency that comes with a public. He told me: “You can get a report card every 90 days,” he told me. “You have thousands of people who vote for their wallets on how you think you are doing … and every day you get a lot of people give you advice on how to improve work.”

However, Trump may be right to get rid of one side of the quarterly reports: pressure to give guidance. Jeff Collevin’s colleague, earlier this year, said when companies were giving directives amid the chaos of the tariff, “profits cannot be predicted all the time, not only amid extraordinary uncertainty.”

Warren Buffett did not provide directives to Hathaway, and he does not have Amazon leaders. This did not stop either offering distinguished profits over the years. Companies like GM, Starbucks and UNITEDHEALTH GROUP have temporarily stopped guidance with the last uncertainty. However, none of them complained of having to present 10-e.

Do you encourage profits thinking in the short term? Perhaps, leaders and investors are short -sighted. But private companies are often carried in addition to risk because they do not have to reveal the same range as their two brothers. With the increase in capital, a great responsibility comes to inform the shareholders of what you do with their money.

Call the executive daily via Diane Brady at Diane.brady@fortune.com

Best news

Fortune Future 50

Since 2017, BCG and Fortune have cooperated to examine the largest companies in the world to grow its innate fit – a measureable feature that can be controlled by “the vitality of companies”. Our screen embodies more than 3000 companies, including more than 150 privately supported startup companies. Watch the Fortune Future 50 rating for 2025 here.

Trump to prosecute NYT for $ 15 billion

President Trump said he would bring a $ 15 billion defamation lawsuit against the New York Times today. He did not cite the details. “The New York Times has been allowed to lie freely, and to discredit me for a very long time, so it stops, now!” , President He wrote about social truth.

Lisa Cook can remain in the rules of the Federal Reserve Court, the rules of the Court of Appeal

Federal Reserve Governor It can keep its job The Monetary Policy Committee also meets this week for the central banking Reduce the interest rate. Watch a possible appeal by the US Supreme Court by the White House. most Analysts expect Reducing 0.25 % to be delivered on Wednesday. Context: Trump is the pro – Stephen Miran joins the council Today as a ruler.

He will own Tiktok Sale

It will proceed to sell Tiktok, Treasury Secretary Scott Pesin said. He did not provide any details, but he said that the frame was in place. A deadline prohibits the application in the United States on Wednesday.

Trump is to prepare executive orders against Kirk critics

The White House is preparing A series of executive orders To punish critics of the dead conservative activist Charlie Kerk. Monitoring can include “reviewing the state of tax exemption for non -profit groups and targeting them with anti -corruption laws,” according to WSJ reports.

The alphabet is 3 trillion dollars

alphabet earn The market evaluation of $ 3 trillion for the first time on Monday, driven by its investments in artificial intelligence and a favorable ruling to combat monopoly that allows it to maintain the main assets such as chrome browser and Android operating system. It now joins Apple, Microsoft and NVIDIA as one of only four companies with assessments of more than $ 3 trillion.

Users choose different Amnesty International models for work and personal use

New studies from the leadership of artificial intelligence companies and Openai Find The majority of Chatgpt users resort to the statute of non -work messages, while most CLAUDE users, the pioneering artificial intelligence tool in humans, uses the statute of productivity related to work. Chatgpt is specifically exploited by most users to write, guidance, and the information is striving while Claude is chosen frequently for coding, research and business automation.

Poland is alert to the storming of new drones

The Polish authorities arrested Belarusian citizens, claiming Flying drone flying Near parliament buildings. Context: Poland is ready after Russia has flew military planes in its lands, and Romans, in What appears to be a test NATO is ready to respond to any attempt by Russia to attract more European countries to war in Ukraine.

Markets

S & P 500 futures contracts 0.21 % rose this morning. The index closed 0.47 % in the last trading session. Stoxx Europe 600 0.12 % decreased in early trading. FTSE 100 in the United Kingdom It was flat in early trading. Japan Nikki 225 It was 0.3 %. China CSI 300 It was a decrease of 0.21 %. South Korea Cuban It was 1.24 %. Elegant India 50 It increased by 0.35 % before the end of the session. Bitcoin It rose to 115.7 thousand dollars.

About water armed

One more richer than Peter Thil, Bob Mart Wang Ning sees 6 billion dollars that disappears with Labobo the noise Written by Eva Royburg

Senior analysts who were once afraid that the “end of capitalism” is the French and British -born farm to sabotage General Z futures Written by Nick Lestenburg

Artificial intelligence will raise the “spread of violent mission” in the economy, but even optimists may reduce the prosperity of productivity, JPMorgan says. Written by Jason

Openai Chairman of the Openai Board of Directors of Saman’s CEO believes that we are in the Amnesty International Bureau: “Many people will lose a lot of money.” Written by Sasha Rogerberg

Daily Executive Director is collected and edited by Joey Abrams and Jim Edwards.

This is the web version of the CEO of Daily, a news message from the global visions that must be read by CEOs and industrial leaders. Record for free to your inbox.