Congress has the express financial power to?

a) establish a national banking system.

b) create and collect new taxes.

c) order the president to borrow money.

d) seize property for government projects.

The United States Congress has the express financial power to B. create and collect all new taxes. This can be found in Article 1, Section 8, Clause 1 of the U. S Constitution. This grants the government the power of taxation. It is also known as the Tax and Spending Clause. The Congress can impose taxes, collect taxes, and pay debts for the general welfare of the United States. Some of the taxation Congress has employed are regulatory taxation, prohibitive taxation, and tariffs. The correct answer is B.