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Who first established a national banking system as treasury secretary?
Wiki User
∙ 15y ago
Hamilton. He actually did some very illegal things while in office. The men who fought the revolution were promised land as part of the compensation for fighting. After, the war they were given a grant on paper stating the land was given them. Hamilton went to these men and bought the grants from them for less than they were worth. He also reasoned that the more people owed the government the more they want to see it survive.
Wiki User
∙ 8y ago
Wiki User
∙ 13y agoWiki User
∙ 14y agoAlexander Hamilton, definitely. Yes. Alexander Hamilton. He's the guy. Alexander Hamilton...
Wiki User
∙ 15y agoAlexander Hamilton
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Which statement about the federal reserve system is true a its chairman is the secretary of the treasury b it is run by a board that is independent of political parties c its le?
it was created by the National Banking Act of 1863
What two important precedents were established for the federal government in the US?
The two important precedents that were established for the federal government in the U.S. was a strong central government and a National Banking System
This act gave the treasury department the right to investigate all banks-?
The Emergency Banking Relief Act gave the treasury department the right to investigate all the banks.
This act gave the Treasury Department the right to investigate all banks?
Emergency Banking Relief Act
What act created Dual Banking?
The National Bank Act
Secretary of the Treasury Samuel Chase sought to fund the Union war effort by doing what?
The only "Chase" as Sec/Treasury is Salmon Portland Chase. He established the National Banking System. As an aside, Chase was near to be a radical Republican then anyone else in the Lincoln cabinet, yet, he was against the Emancipation Proclamation for military reasons.
Which postitions will almost always have a person with a backgroud in banking and finance appointed to it?
Secretary of the treasury
Which of these positions will almost always have a person with a background in banking and finace appointed to it?
Secretary of Treasury
Who was the Washington's secretary of treasury?
Alexander Hamilton was the first choice as George Washington's Secretary of the Treasury. Hamilton set up the tax and banking system of the new United States.
Who was Washington's Secretary of the Treasury?
Alexander Hamilton was the first choice as George Washington's Secretary of the Treasury. Hamilton set up the tax and banking system of the new United States.
Who was Washington's secretary of treasury?
Alexander Hamilton was the first choice as George Washington's Secretary of the Treasury. Hamilton set up the tax and banking system of the new United States.
Which statement about the federal reserve system is true a its chairman is the secretary of the treasury b it is run by a board that is independent of political parties c its le?
it was created by the National Banking Act of 1863
Who was George Washingtons Secretary of the Treasury?
Alexander Hamilton was the first choice as George Washington's Secretary of the Treasury. Hamilton set up the tax and banking system of the new United States.
When was Bank Muscat established?
Bank Muscat is the leading financial services provider in with a strong presence in corporate banking, investment banking, treasury, asset management, and retail banking. Bank Muscat was established on April 30, 1982.
Is the US Treasury department a corporation of group of banks.?
No, it a division of the US government headed by the Secretary of Treasury which is a cabinet position. It enforces federal banking regulations as part of its job.
Why is Alexander Hamiltons picture on a ten dollar bill?
He was a "founding father" and the first Secretary of the Treasury. He worked to have a national banking system. Hamilton was never President, though. He and Benjamin Franklin are the only two people pictured on current American paper money who never served as President.
What is the function of the National Bank of Pakistan?
The National Bank of Pakistan is a commercial bank for individuals, companies, and the Pakistani government. It provides banking services in the debt equity market, corporate investing, retail banking, consumer banking, agricultural financing, and treasury services.
