According to @StockMKTNewz, President Trump wants U.S. companies to report earnings twice a year instead of quarterly, as stated in a post on X dated Sep 15, 2025, according to @StockMKTNewz. Quarterly reporting is currently mandated via Form 10-Q with annual Form 10-K, and any change would require SEC rulemaking and/or legislation, according to the U.S. Securities and Exchange Commission. The SEC previously sought public comment in 2018 on earnings releases and quarterly reporting frequency without adopting a rule change, according to SEC Release No. 33-10513 (2018). Fewer earnings dates would likely reduce the frequency of single-stock earnings gaps while concentrating event risk into two larger windows, consistent with documented earnings-event premia in options pricing, according to Cboe research on options behavior around earnings announcements. Clustered earnings periods influence index volatility and VIX term structure, so a compressed calendar could shift VIX seasonality and the timing of volatility carry, according to Cboe VIX research. Crypto assets have exhibited higher correlation with U.S. equities since 2020, implying equity-volatility regime shifts can spill over to BTC and ETH realized volatility, according to the International Monetary Fund’s 2022 analysis.