Αποτελέσματα Αναζήτησης
Inasmuch as every contract for the payment of money, simply, is necessarily subject to the constitutional power of the government over the currency, whatever that power may be, and the obligation of the parties is, therefore, assumed with reference to that power, 7 Footnote
28 Αυγ 2024 · Article I, Section 8 grants Congress the exclusive power "to coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures." This provision underscores the federal government's role in establishing a standardized currency system.
As a result, the Constitution’s monetary clauses expressly grant Congress the power to coin money and to borrow money by issuing “notes” (i.e., interest-bearing government bonds), but not to ...
To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures; ArtI.S8.C5.1 Congress's Coinage Power.
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 ...
2 Αυγ 2024 · Congress and Currency. Article I, Section 8, Clause 5 is known as the coinage clause. It gives Congress the exclusive power to coin money. The Supreme Court has also interpreted clause 5 as giving Congress the sole authority to regulate every aspect of United States currency. The Supreme Court case McCulloch v.
Coinage, Weights, and Measures. 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.
