What is one power exclusively reserved for the federal government?

Coining money is a power that is exclusively reserved for the federal government, and this authority is outlined in the U.S. Constitution. Specifically, Article I, Section 8 grants Congress the power to coin money and regulate its value. This ensures that there is a uniform currency across the entire nation, which is crucial for a stable economy and facilitates trade both domestically and internationally.

The issuance of currency is a vital function of the federal government that prevents states from creating their own money, which could lead to confusion and economic instability. Having a centralized authority in charge of currency helps maintain the integrity of the financial system.

In contrast, establishing local governments, conducting elections, and issuing licenses are powers that are generally reserved for state and local authorities. Local governments are created under state law, and each state has the power to conduct its own elections according to its regulations and practices. Similarly, states are responsible for issuing various types of licenses, including those for driving and professional practice.