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Why did Jefferson oppose Hamilton’s plan for creating a national bank? Select TWO that apply.

(2 points)
Responses

He believed that it gave the federal government too much power.

He believed that Americans would protest if it was established.

He argued that Congress did not have the constitutional power to establish it.

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

1 answer

Thomas Jefferson opposed Hamilton's plan for creating a national bank for the following reasons:

  1. He believed that it gave the federal government too much power.
  2. He argued that Congress did not have the constitutional power to establish it.

These two points reflect Jefferson's concerns about the concentration of power in the federal government and his strict interpretation of the Constitution.