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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…The Constitution gives Congress the power over the currency of the United States including the power to coin money and regulate its value. Congress also has the power to charter banks to circulate money.constitution.findlaw.com/article1/annotation37.html
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