4. How did the US Treasury use the Bank of the United States?

Question

Irene Mccoy

History

11 January, 01:14

4. How did the US Treasury use the Bank of the United States?

+1

Answers (1)

Know the Answer?

Lincoln Clayton · Answer 1

proposed by Alexander Hamilton, the Bank of the United States was established in 1791 to serve as a repository for federal funds and as the government's fiscal agent ... The Second Bank was formed five years later, bringing renewed controversy despite the U. S. Supreme Court's support of its power.