Power to Coin and Regulate Money When we can see the disastrous results of an artificially created shortage of money, we can better understand why our Fathers of Confederation, who understood both money and God's Laws, insisted on placing the power to "create" money and the power to control it ONLY in the hands of the Federal Government. They believed that ALL Citizens should share in the profits of its "creation" and therefore the national government must be the only creator of money. They further believed that ALL citizens should share in the profits of its creation and therefore the national government must be the ONLY creator of money. They further believed that ALL Canadian citizens, regardless of station in life, and therefore, the national government must also be, by law, the ONLY controller of the value of money. Since the Federal Government was the only legislative body subject to all the citizens at the ballot box, it was, to their minds, the only safe depository of so much profit and so much power. They wrote it out in simple, but all inclusive manner: "The Federal Government shall have the Power to Coin Money and Regulate the Value Thereof
The power to coin money belongs to the Federal government (Congress, specifically) according to the Constitution of the United States.
The power to coin money.
The right of the federal government to coin money is an exclusive federal right provided for in the constitution. The constitution also grants the government to regulate the value of the coins.
The branch of government that has the authority to coin money in the United States is the legislative branch, specifically Congress. This power is granted to Congress by the U.S. Constitution in Article I, Section 8, which outlines the enumerated powers of Congress. The executive branch, headed by the President, does not have the authority to coin money. The judicial branch, headed by the Supreme Court, also does not have this power.
expressed power
The power to coin money belongs to the Federal government (Congress, specifically) according to the Constitution of the United States.
Federal government
The power to coin money.
The right of the federal government to coin money is an exclusive federal right provided for in the constitution. The constitution also grants the government to regulate the value of the coins.
Power to make war, coin money, regulate interstate commerce..
Delegated powers
Federal government
The ability to coin money
The branch of government that has the authority to coin money in the United States is the legislative branch, specifically Congress. This power is granted to Congress by the U.S. Constitution in Article I, Section 8, which outlines the enumerated powers of Congress. The executive branch, headed by the President, does not have the authority to coin money. The judicial branch, headed by the Supreme Court, also does not have this power.
to protect the value of the national currency
Article 1 Section 8 of the US Constitution states that "The Congress shall have Power To:..." (among other things) "To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;" Clearly it is the Federal government that has the right to coin money.
expressed power