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What ability did Alexander Hamilton want the national bank to have?

the ability to loan money to private citizens
o the ability to issue foreign currency
o the ability to issue different types of money for businesses
the ability to lend money to the federal government

User Execc
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2 Answers

3 votes

Answer:

Its D the ability to lend money to the federal government.

Step-by-step explanation:

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User Otis
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3 votes

Answer:

the ability to lend money to the federal government

Step-by-step explanation:

Alexander Hamilton, who was the first secretary of the treasury in America wanted the national bank to have the ability to lend money to the federal government partly because he wanted a national bank to pay off the debt caused by the American Revolution.

He argued that in order for the nation to develop, it needed loans that only a national bank can give so he wanted the national bank to have the ability to lend money to the federal government.