[Lurker]

Please point up the Constitutional authorization for Congress to create a central bank. Article and Section please.

[Pelham]

“Please point up the Constitutional authorization for Congress to create a central bank. Article and Section please.”

Ah, another Constitutional scholar. A bad premise can lead to error, Lurk.

There’s no prohibition on Congress creating one and the Fed is the fourth in American history.

I suggest you read up on the Bank of North America chartered by the Confederation Congress in 1782, the First Bank of the United States chartered by Congress in 1791 and the Second Bank of the United States chartered by Congress in 1816.