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FOXNEWSW Your World With Neil Cavuto August 17, 2018

Now to the details. Can it be done . Who will push what . Kevin corke at the white house with more. Hi, kevin. Great summation, neil. The president said he got this idea after speaking with corporate executives. This idea of instead of doing Quarterly Reports and all the pressure that is associated with that, what if we matched some of our biggest competitors overseas and did it twice a year. Once every six months as you said. While we dont flow if the sec will buy into this idea, i can tell you a lot of people in washington are talking about it today. The president made the comments before heading up north for what hes calling a working weekend in new jersey. The president tried to shake things up just a bit. The idea being that half yearly recording would mark a change in u. S. Disclosure requirements and put us in line with the e. U. And the u. K. The switch, neil, its important to point out while it would grant companies more flexibility, theres people concerned about whether or no

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