In McCulloch v. Maryland the Supreme Court ruled that the states have more power than the federal government. national bank was constitutional. federal government could forcibly collect taxes. national bank's charter could be renewed.

The president of the united states does not have the authority to “limit” the power of the judicial branch. however, the president can influence the political direction of decisions made by justices on the supreme court through the nomination process when a position becomes available.i would say the best answer is that he can at least interpret the laws