US President Trump picks Brett Matusmoto to head BLS, WSJ reports

• Matsumoto has worked as an economist at the BLS since 2015. Before spending much of the past year on assignment with the White House Council of Economic Advisers.

The appointment of Brett Matsumoto to head the BLS could have implications for U.S. economic data transparency and credibility, especially with an election on the horizon. As someone familiar with both the BLS and the White House's economic policy, his leadership may shape future data releases, potentially affecting market perceptions of the economy and influencing trader sentiment in equities and forex markets, particularly in relation to the USD.