Why did Alexander Hamilton ask Congress to charter a Bank of the United States?

Question

to ensure that government and business interests were aligned

to raise money for the federal government

to ensure that government and business interests remained separate

to strengthen state governments

Answer 1

Alexander Hamilton asked Congress to charter a Bank of the United States primarily to raise money for the federal government and to help stabilize and improve the nation's credit. Additionally, he believed that a national bank would help manage the country's finances, facilitate transactions, and provide a uniform currency. Hamilton aimed to align government and business interests, which would further support economic growth and development.