What is one power granted to the federal government?

The federal government is granted the power to print money, which is a fundamental responsibility outlined in the U.S. Constitution. Specifically, Article I, Section 8 of the Constitution gives Congress the authority to "...coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures." This exclusive power ensures that only the federal government can create and manage currency, which is crucial for maintaining a stable economy and providing a uniform medium of exchange across the nation.

The other options do not accurately reflect powers granted to the federal government. Regulating state elections is primarily a responsibility of the states, while declaring state laws null and void generally falls under the purview of judicial review by federal courts, not a direct power of the federal government itself. Furthermore, the formation of local governments is typically a function of state authority, allowing states to create and oversee municipalities according to their own laws and governance structures.