In his latest bid to reshape the American economy, President Donald Trump has endorsed ending the decades-long practice of public companies sharing their financial results once each quarter.

Such a move would represent a dramatic shift aimed at combating short-term thinking inside C-Suites obsessed with pleasing investors but would also mean far less timely insights into the business world and the real economy.

In a Truth Social post this morning, Trump said companies “should no longer be forced to ‘Report’ on a quarterly basis” and should instead report results once every six months.

This will save money, and allow managers to focus on properly running their companies,” Trump said. “Did you ever hear the statement that, ‘China has a 50 to 100 year view on management of a company, whereas we run our companies on a quarterly basis???’ Not good!!!!”