he was against it because it wasn't in the constitution
The First Bank of the United States was opposed by Presidents Thomas Jefferson and James Madison, who both believed it to be unconstitutional.
After intense opposition between Thomas Jefferson and Alexander Hamilton. Hamilton established the first national bank on February 25, 1791.
Yes
talexander hamilton
1791,Thomas Jefferson , James Madison and Jackson as well as most of the Southern Congress.
Elimination of the national bank
thomas Jefferson
Thomas Jefferson was generally against the creation of a national bank. He believed it concentrated too much power in the federal government and favored the interests of the wealthy elite over the common citizen. Jefferson argued that the Constitution did not explicitly grant the federal government the authority to establish a bank, emphasizing a strict interpretation of the Constitution. Despite his opposition, the bank was established under the leadership of Alexander Hamilton, reflecting differing visions for America's financial system.
Thomas Jefferson
The opposition to Hamilton's proposed national bank was led by Thomas Jefferson.
Thomas Jefferson founded the Democratic Republicans. His administration was an example of what came to be called Jefferson Democracy. He opposed a federal bank and wealthy interests against the working man. This group splinted in later years and Andrew Jackson was the first democrat elected president.
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.