Question

Why did Jefferson oppose Hamilton's plan for creating a national bank? Select TWO answers.(2 points) Responses Jefferson believed that a national bank would give the federal government too much power. Jefferson believed that a national bank would give the federal government too much power. Jefferson felt a national bank was necessary for the government to collect taxes and pay its bills. Jefferson felt a national bank was necessary for the government to collect taxes and pay its bills. Jefferson believed that Americans would protest if a national bank was established. Jefferson believed that Americans would protest if a national bank was established. Jefferson argued that Congress did not have the constitutional authority to establish a national bank.

Answer 1

The two correct answers for why Jefferson opposed Hamilton's plan for creating a national bank are:

1. Jefferson believed that a national bank would give the federal government too much power.
2. Jefferson argued that Congress did not have the constitutional authority to establish a national bank.

These positions reflect Jefferson's concerns about the potential overreach of federal power and his strict interpretation of the Constitution.