FINE, then Congress should pass legislation that the Senate can review, and send a bill to the President to sign.
THIS AD-HOC LEGISLATING SHALL NOT STAND.
The Federal Fair Labor Standards Act gives the Executive branch the power to write these rules.
It has been the law of the land since 1938.
I agree with you that anything which affects the livelihoods of Americans SHOULD be voted up or down by our representatives. But as it stands the President does have this power, and has had it for a very long time.
If prior Republican Presidents had at least adjusted the salary threshold for inflation, it might never have become an issue.