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Federal RepublicA form of government in which the national and state governments share powers.
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A Federal Republic is a federation of states with a republican form of government, so basically, the state and national governments share powers.
The process of having the local and central governments sharing power is known as federalism. The individual states have autonomous roles but share power with a central government.
Concurrent powers
The United States Constitution provided that states and the federal government would share certain powers. These powers are called Concurrent Powers. Examples of such powers are the power to tax and borrow money
building roads.
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Federalism is never explicitly stated but it is embedded in the US constitution. As a result, power is kept in the states.
In a federal system, the state and national governments share power. Some authority is exclusive to the national government and some is reserved to the states and the people, but other powers (such as the right to tax) are concurrent, or shared by both entities.