Question

Why did George Washington support the creation of a national bank? (3 points)

A) Washington believed that each of the states needed to have its own money.

B) Washington believed that it would be easier to collect taxes with a national bank.

C) Washington believed that the wealthiest Americans needed to protect their money.

D)Washington believed that the central government needed to have power and authority.

I searched and looked every where!

Answer 1

i think D Washington listened to the arguments of Hamilton and Jefferson... Hamilton believed a central bank was necessary to stabilize and improve the nation's credit , and improve the nation's credit , and to improve handling of the financial business of the United States government under the newly enacted constitution. Jefferson believed the bank was unconstitutional , and that it benefited merchants and investors at the expense of the majority of the population. Washington agreed with Hamilton.