First Bank of the United States (jan 22, 1791 – nov 7, 1794)
Description:
Chartered by Congress as part ofAlexander Hamilton’s financial program, the bank printed paper money and served as a depository for Treasury funds. It drew opposition from Jeffersonian Republicans, who argued that the bank was
unconstitutional
Added to timeline:
Date:
jan 22, 1791
nov 7, 1794
~ 3 years and 9 months