washington u.s. labor secretary nominee r. alexander acosta tell senate committee wednesday would abide president donald trump directive review pending fiduciary rule retirement investment advisers indicate believe go far acosta tell senate committee health education labor pension fiduciary rule slat take effect april 10 department propose delay go far beyond regulate conduct investment advisers trump administration direct department last month review whether obama-era rule require broke offer retirement investment advice put clients interest first burdensome step current white house policies acosta likewise express reservations another obama administration rule issue last year double salary ceiling employees would eligible overtime pay 23,660 47,476 year acosta say serious question whether secretary labor power enact first place federal judge november block rule extend mandatory overtime pay million salaried workers trump administration must decide whether defend rule acosta statements indicate confirm may decline however acosta tell senators sensitive fact overtime rule update decade three-hour hear acosta say felt republicans democrats share goal protect interest u.s. workers may disagree best course action ultimately acosta tell panel cabinet secretaries select trump task deploy administration vision work president boss cabinet officials ... ultimately follow direction unless feel resign acosta say acosta former member national labor relations board dean florida international university college law miami nominate labor secretary february one day trump original choice andrew puzder withdraw acosta decades-long career public service multiple senate vettings previous appointments make unlikely nomination derail clear panel acosta come confirmation vote full senate trump labor dept nominee question key obama-era rule