Con: Congress should charter a first national bank of the U.S.?

Question

I have a history debate on this topic. My group is against the chartering of the national bank. I know it already got chartered and is still used today, but if i could get some information on how we shouldn't have chartered the bank.
Ty
-SpammySr

Answer 1

The US has a private central bank already. It's called the Federal Reserve. Although the name sounds like it's part of the government it is not.

Good luck.

Here are a couple of research sources against central banks in the URLs below.

Also, I think Thomas Jefferson was against central banking you might search for that.

Answer 2

Don't have a specific answer for you but seems to me I recall from my own American History Classes that part of the reason for the Great Depression was the failure of the National Bank System. Why would we want to go down that road again since the Federal Reserve Bank System seems to me to be doing a fair job.

Answer 3

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