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He felt that the Constitution did not authorize the government to create a bank.

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Kennedy D'Amore

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10y ago

He believed that a national bank would be controlled by the wealthy and favor the wealthy. He also believed that the Consitution didn't authorize the creation of a federal bank.

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Q: Why was secretary of state Thomas Jefferson opposed to the creation of the national bank?
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Related questions

What was of the reasons that people like Thomas Jefferson opposed the creation of a national bank?

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Why did Jefferson opposed the creation of the bank of the United states?

in february in 1791 congress enacted the charter first national bank.


Why did Jefferson opposed the creation of the bank of united state?

in february in 1791 congress enacted the charter first national bank.


In 1790 Alexander Hamilton proposed the creation of a national bank. Which of the following is one of the reasons that people like Thomas Jefferson opposed the creation of a national bank The bank was?

The Constitution did not specifically grant the government the power to create the bank.


What is one reason that people like Thomas Jefferson opposed the creation of a national bank?

The Constitution did not specifically grant the government the power to create the bank.


Washington's secretary of state and organizer of a political party opposed to Hamilton's policies?

Thomas Jefferson


Who opposed setting up national banks?

Thomas Jefferson (:


Which political party opposed the national bank?

The Democratic-Republican Party, led by Thomas Jefferson and James Madison, opposed the creation of a national bank in the late 1700s and early 1800s. They believed that a national bank would give too much power to the federal government and favored a more limited role for the central government.


Who opposed Ben Franklin's chose for national bird?

Thomas Jefferson


Jefferson did not touch the what which he was ounce opposed to?

The Judiciary Act or the National Bank


What were the philosophical and political disagreement between Hamilton and Jefferson that led to the creation of the first American political parties?

Hamilton-supported business, had loose interpretation of the Constitution, supported the National Bank, supported tariffs, opposed the French RevolutionJefferson-supported agriculture, had strict interpretation of the Constitution, opposed the National Bank, opposed tariffs, supported the French Revolution


________ and _______ opposed a _______ ______ , believeibg it would help the ______?

Madison, Jefferson, National, bank, wealthy