Obama Signs Presidential Memorandum On Modernizing Overtime Protections

WASHINGTON, DC - MARCH 13: U.S. President Barack Obama jokes with guests before signing a presidential memorandum for modernizing overtime protections for workers during an event in the East Room of the White House, on March 13, 2014 in Washington, DC. (Photo by Mark Wilson/Getty Images)

President Barack Obama jokes with guests before signing a presidential memorandum for modernizing overtime protections for workers during an event in the East Room of the White House, on March 13, 2014 in Washington, DC. Those new regulation are to be finalized this week. (Photo by Mark Wilson/Getty Images)

WASHINGTON, DC – MARCH 13: U.S. President Barack Obama jokes with guests before signing a presidential memorandum for modernizing overtime protections for workers during an event in the East Room of the White House, on March 13, 2014 in Washington, DC. The memorandum will direct the Secretary of Labor to begin the process of addressing overtime pay protections to make sure millions of workers are paid a fairly. (Photo by Mark Wilson/Getty Images)