E.J. Antoni, President Donald Trump’s pick to lead the Bureau of Labor Statistics, is no longer considering suspending the monthly jobs report — one of the most crucial and historic measurements of US economic activity — after proposing the unprecedented action during an interview that published Tuesday.

E.J. Antoni, the conservative economist President Donald Trump named Monday as his pick to lead the nonpartisan Bureau of Labor Statistics, suggested scrapping the BLS's closely watched monthly jobs report in an Aug. 4 interview with Fox News Digital published Tuesday.

President Trump's nominee to lead the Bureau of Labor Statistics is suggesting that the agency suspend its monthly jobs report, an economic staple that is relied upon by the Federal Reserve and U.S. businesses to gauge the health of the economy.