Investors Hangout Stock Message Boards Logo
  • Home
  • Mailbox
  • Boards
  • Favorites
  • Whats Hot!
  • Login - Join Now!
Keeping it Real
(Total Views: 91)
Posted On: 09/04/2017 6:43:44 PM
Post# of 51900
Avatar
Posted By: PoemStone
Texas Judge Rules Against Obama-Era Overtime Pay Rule

< >

A federal judge strikes down an Obama-era rule on overtime pay.

The Texas judge ruled against the rule Thursday, which would have extended mandatory overtime pay to more than four million U.S. workers.

This after 21 states challenged the overtime changes.

The judge says the agency improperly looked at salaries instead of job descriptions when determining whether a worker should be eligible for overtime.

Industry groups celebrated the ruling, saying the Obama administration overstepped its authority.

President Trump previously voiced opposition to the former president’s changes, saying his administration is deciding whether to impose a new wage threshold for overtime.

(0)
(0)






Featured stocks: Coffee Shoppe
For conservative debate: "Keeping it Real"
Game Changing stock $SHMP




  • New Post - Investors HangoutNew Post

  • Public Reply - Investors HangoutPublic Reply

  • Private Reply - Investors HangoutPrivate Reply

  • Board - Investors HangoutBoard

  • More - Investors HangoutMore

  • Keep Post - Investors HangoutKeep Post
  • Report Post - Investors HangoutReport Post
  • Home - Investors HangoutHome
  • Mailbox - Investors HangoutMailbox
  • Boards - Investors HangoutBoards
  • Favorites - Investors HangoutFavorites
  • Whats Hot! - Investors HangoutWhats Hot!
  • Settings - Investors HangoutSettings
  • Login - Investors HangoutLogin
  • Live Site - Investors HangoutLive Site