The President can make recommendatons to Congress. He appoints, with Senate confirmation, many of the officers who govern financial matters and they listen to him. Sometimes he is given discretion on how to spend money appropriated by Congress for bailing out failing companies.
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The powers of the Executive Branch are defined in Article XI.
Presidents don't have legislative power. Congress has legislative powers. Presidents don't make laws.
economic power of legislative
War Powers Act
The power to make treaties and confirm the presidents appointments