What is executive order 11110?

Executive Order 11110, signed by President John F. Kennedy on June 4, 1963, delegated the authority to the Secretary of the Treasury to issue silver certificates for the purpose of increasing the money supply. This order aimed to reduce the U.S. government's reliance on Federal Reserve notes backed by gold. It allowed the Treasury to issue currency backed by silver, potentially enhancing monetary flexibility. The order has been the subject of various conspiracy theories, particularly surrounding Kennedy's assassination, though these claims lack substantial evidence.