Why did Jefferson oppose Hamilton's plan for creating a national bank? Select TWO answers.(2 points)

Question

Responses

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 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 argued that Congress did not have the constitutional authority to establish a national bank.
Jefferson argued that Congress did not have the constitutional authority to establish a national bank.

Jefferson felt a national bank was necessary for the government to collect taxes and pay its bills.

Answer 1

The two correct responses regarding Jefferson's opposition to 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 points reflect Jefferson's concerns about federal overreach and his interpretation of the Constitution regarding implied powers.