The existence of labor conditions harmful to the maintenance of the standard of living necessary for health, efficiency, and general well-being of workers burdens commerce and the free flow of goods in commerce and constitutes an unfair method of competition in commerce. Further, it leads to labor disputes burdening and obstructing commerce and the free flow of goods in commerce and interferes with the orderly and fair marketing of goods in commerce.
All provisions to maintain Fair Labor Standards are controlled under Fair Labor Standards Act of 1938
Under the Department of Labor, a Wage and Hour Division is made under the direction of an Administrator who is known as the Administrator of the Wage and Hour Division. The Administrator is appointed by the President by and with the advice and consent of the Senate.
The principal office of the Administrator is in the District of Columbia, but any duly authorized representative may exercise any or all of his powers in any place.
The Secretary submits biennially in the month of January a report to the Congress covering his activities for the preceding two years which includes information and recommendations for further legislation in connection with the matters as he may find advisable. The report contains an evaluation and appraisal by the Secretary of the minimum wages and overtime coverage together with his recommendations to the Congress.
(More: http://www.law.cornell.edu/uscode/html/uscode29/usc_sup_01_29_10_8.html)