What section did Hamilton use of the Constitution to defend the bank?

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2026-05-20 14:20

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Alexander Hamilton defended the establishment of the First Bank of the United States by referencing the Necessary and Proper Clause of the Constitution, found in Article I, Section 8. He argued that this clause granted Congress the authority to create a bank as a means to carry out its enumerated powers, such as regulating commerce and managing national finances. Hamilton believed that the bank was essential for the effective functioning of the government and the economy.

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