(Reuters) -JPMorgan Chase CEO Jamie Dimon said he would welcome proposed changes to ease the US Securities and Exchange Commission’s quarterly earnings report requirements, Bloomberg News reported on Tuesday.

Dimon made his remarks during an interview on Bloomberg TV, where he also touched upon the bank’s yearly AI spends.

Last month, U.S. President Donald Trump had renewed his call, first made in 2018, that U.S. companies should be allowed to report earnings every six months instead of on a quarterly basis, saying the move would save money and allow managers to focus on running the companies.

Paul Atkins, chairman of the U.S. SEC, said last week that the regulator is fast-tracking Trump’s push, sparking transparency concerns around the potentially major shift for U.S. companies.

“The

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