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- CongressLearn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.The Constitution grants Congress authority over the currency of the United States, encompassing the powers to mint money and determine its value. Additionally, Congress has the authority to establish banks and manage the circulation of money.constitution.findlaw.com/article1/annotation37.htmlArticle I Section 8 of the United Constitution grants power to Congress to "coin money" and "regulate its value." In effect, The Department of the Treasury prints money under the authority of Congress.history.answers.com/american-government/The_co…Article I, Section 8 of the US Constitution establishes the powers held by Congress. These powers include being able to lay and collect taxes, borrow money on credit, and to coin money.history.answers.com/american-government/Which_…In the United States, coins are made by the United States Mint and paper money is made by the Bureau of Engraving and Printing. Both are part of the federal Department of the Treasury in the executive branch.pocketsense.com/branch-government-controls-coin…The power to coin money belongs to the Federal government (Congress, specifically) according to the Constitution of the United States. It is the Legislative Branch of the U.S. government that coins money. They're also responsible for regulating trade, collecting taxes, and authorizing war.history.answers.com/american-government/What_…
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May 27, 2017 · This is precisely why the U.S. Constitution allows the central government to print money, but not state governments. In other words, the Founders envisioned the U.S. as a currency union from the very start.
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