Bessent: Trump's push to scrap quarterly company reports will be a win for investors

"President Trump realizes that whether it's the U.K., [or] it is the U.S., our public markets are atrophying, and this might be one way to bring back and cut costs for public companies without harming investors," Bessent told CNBC in London Tuesday.Trump proposed scrapping quarterly earnings reports in a Truth Social post on Monday , saying it would allow company executives to focus on long-term goals rather than fixate on short-term metrics.U.S. Treasury Secretary Scott Bessent has said President Donald Tr ...