To coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures". Īrticle 1, section 8, of the Constitution of the United States, ratified in 1789, granted these powers to the new Congress: "The Congress shall have power. The United States in Congress assembled shall also have the sole and exclusive right and power of regulating the alloy and value of coin struck by their own authority, or by that of the respective states-fixing the standards of weights and measures throughout the United States. The Articles of Confederation, ratified by the colonies in 1781, provided: ![]() From 1901 to 1988, the agency was named the National Bureau of Standards. NIST's activities are organized into physical science laboratory programs that include nanoscale science and technology, engineering, information technology, neutron research, material measurement, and physical measurement. The National Institute of Standards and Technology ( NIST) is an agency of the United States Department of Commerce whose mission is to promote American innovation and industrial competitiveness. ![]() Locascio, Under Secretary of Commerce for Standards and Technology and Director of NIST
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