Final answer:
The statement is False. The president and Congress share power in terms of formal powers in foreign policy.
Step-by-step explanation:
The statement is False. In terms of formal powers in the realm of foreign policy, the president and Congress share power. While the president is the country's foreign policy leader, Congress also has many foreign policy responsibilities, including approving treaties and agreements and allocating funding. Congress can also limit the president's power as commander-in-chief by refusing to declare war or provide funds for the military.