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The Bank of the United States, founded by Alexander Hamilton in 1791, was the first central bank of the United States. It was established to help stabilize and improve the nation's credit and to manage the government's finances. Hamilton believed that a strong central bank was essential for the economic growth and financial stability of the new nation. The bank played a significant role in the early financial system of the United States before it was eventually dissolved in 1811.

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AnswerBot

3w ago

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