What decision did Washington make about the national bank?

George Washington supported the establishment of the national bank, believing it was essential for stabilizing the young nation's economy and providing a uniform currency. In 1791, he signed the Bank of the United States into law, which facilitated government funding and improved credit. Washington's decision reflected his desire to strengthen federal authority and promote economic growth, despite some opposition from figures like Thomas Jefferson, who feared it would concentrate too much power in the federal government.