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.

The White House on Tuesday said it is "the plan" that the Bureau of Labor Statistics will continue to publish its closely watched monthly employment report after President Donald Trump's pick to head the agency proposed suspending its release while it addresses problems that resulted in historically large revisions to recent job growth estimates.

Bureau of Labor Statistics commissioner nominee E.J. Antoni has suggested suspending monthly jobs reports in favor of more accurate quarterly reports.