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

Question

to raise money for the federal government
to ensure that government and business interests remained separate
to ensure that government and business interests were aligned
to strengthen state governments

Answer 1

Alexander Hamilton asked Congress to charter a Bank of the United States primarily to ensure that government and business interests were aligned. He believed that a central bank would facilitate the collection of taxes, provide a stable currency, and promote economic growth by providing loans to businesses. This alignment was seen as a way to enhance the power and effectiveness of the federal government while also supporting the burgeoning American economy.