After becoming president, Thomas Jefferson generally maintained many of Alexander Hamilton's financial policies, recognizing their importance for national stability. However, he sought to reduce the national debt and eliminate the Bank of the United States, reflecting his belief in a more agrarian economy and limited federal power. Jefferson also favored reducing federal spending and cutting taxes, steering away from Hamilton’s expansive vision of federal financial authority. Overall, while he softened some of Hamilton's policies, he did not abandon them entirely.
Jefferson and Hamilton's view of human nature affected their position on specific policies during wartimes.
Thomas Jefferson did change the federal financial policies by opposing a very strong centralized government.
they differed on whether the speculators, or the original debt holders, should become the chief beneficiaries.
Funding and assumption.
did president Jefferson and Jackson policies benefit common Americans
No. The "Republican" party didn't exist until 1860. Jefferson was for self government.
President Thomas Jefferson appointed Albert Gallatin as Secretary of the Treasury. Gallatin was known for his expertise in financial matters and played a crucial role in reducing government expenses, streamlining the budget, and managing the national debt. His fiscal policies helped stabilize the economy and laid the groundwork for the financial structure of the United States.
corruption in the financial community and lending policies
the whiskey rebellion!
adherence to neutrality in dealing with England and France
he hated poloticts
the establishment of a national bank is unconstitutional.