The First Bank of the United States

The First Bank of the United States was chartered by Congress and President Washington in 1791 under the direction of the Treasury Secretary, Alexander Hamilton. Architecturally, the First Bank of the United States building won wide acclaim upon its completion in 1797, and it is believed to be one of the first examples of Classical monumental design. The constitutionality of the First Bank of the United States sparked the first great debate between “strict constructionalists” and “loose constructionalists” regarding the interpretation of The United States Constitution.