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Neko [114]
3 years ago
14

Why was Secretary of State Thomas Jefferson opposed to the creation of a national bank? He did not feel the federal government h

ad the necessary skills to run a bank. He felt that the Constitution did not authorize the government to create a bank. He was afraid it would lead to increased taxes for poor, working-class citizens. He was afraid that the creation of a national bank would lead to more debt.
History
2 answers:
Alexeev081 [22]3 years ago
8 0

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

Volgvan3 years ago
5 0
Thomas Jefferson believed that Hamilton's proposal for a national bank exceeded the government's authority as set by the Constitution of the United States.
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