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Handbook of Key Global Financial Markets, Institutions, and Infrastructure by Gerard Caprio

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Chapter 15

Alexander Hamilton

R. Sylla

New York University, New York, NY, USA

Outline

Introduction

Alexander Hamilton is popularly remembered by Americans for two things. As the new nation’s first Secretary of the Treasury from 1789 to 1795, Hamilton organized the Treasury Department, stabilized the federal government’s finances, restructured the country’s debts left over from the War of Independence, and persuaded Congress to found a national bank, the Bank of the ...

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