Category: Fiscal and Monetary Powers of Congress
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Punishment of Counterfeiting
Fiscal and Monetary Powers of Congress: Punishment of CounterfeitingIn its affirmative aspect, this clause has been given a narrow interpretation; it has been held not to cover the circulation of counterfeit coin or the possession of equipment susceptible of use for making counterfeit coin.<a name=t…
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Fiscal Power
Congress Borrowing Power versus Congress Fiscal PowerUsually the aggregate of the fiscal and monetary powers of the National Government&emdash;to lay and collect taxes, to borrow money and to coin money and regulate the value thereof&emdash;have reinforced each other, and, cemented by the necessary …
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Coinage, Weights, and Measures
Coinage, Weights, and Measures (Power of Congress)The power "to coin money" and "regulate the value thereof " has been broadly construed to authorize regulation of every phase of the subject of currency. Congress may charter banks and endow them with the right to issue circulatin…