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- Federal governmentLearn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Because Article I, Section 10, Clause 1 of the Constitution prohibits the States from coining money, 1 the Supreme Court has recognized Congress’s coinage power to be exclusive. 2 The Supreme Court has also construed Congress’s power “to coin money” and “regulate the value thereof” to authorize Congress to regulate every phase of currency.www.law.cornell.edu/constitution-conan/article-1/se…Only the federal government can coin money, regulate the mail, declare war, or conduct foreign affairs. These powers make a lot of sense: imagine if Wyoming could declare war on Canada, or Michigan could coin the Michigan Dollar.www.khanacademy.org/humanities/us-government …
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