EO11110 was a technicality that only delegated existing presidential powers to the Secretary of the Treasury for administrative convenience during a period of transition, no more, no less.
It did not create any new monetary powers. The underlying authority already existed under the Thomas Amendment (1933) and related laws.
It did not challenge or undermine the Federal Reserve’s core powers.
In context, it actually facilitated the broader shift that gave the Fed more dominance over the currency supply in smaller denominations.
Charlatan inspired conspiracy theories aside.
Reality bites, huh?