Question

The expressed congressional power to borrow money implies that Congress may _____.

Answer 1

The expressed congressional power to borrow money implies that Congress may: establish the Federal Reserve System

Answer 2

Answer: establish the federal reserve system of banks.

The twenty-seven expressed powers of Congress are listed in Article I, Section 8 of the Constitution. They grant Congress a huge amount of authority over national policy. They include the power to declare war, borrow money, levy taxes, regulate commerce and currency.