At the inauguration of the constitutional government in 1789 Alexander Hamilton (1757- 1804), George Washington’s former military aide and a renowned financier, was appointed the first Secretary of the Treasury and thus he became the architect of the structure of the Department.
Who was Secretary of the Treasury in George Washington’s first cabinet?
On that day, the president of the United States sent his first cabinet nomination to the Senate for its “advice and consent.” Minutes later, perhaps even before the messenger returned to the president’s office, senators approved unanimously the appointment of Alexander Hamilton to be secretary of the treasury.
What did the Secretary of Treasury do in 1789?
In September 1789, Washington, the newly elected first President, tapped his former aide to be first Secretary of the Treasury. Hamilton consolidated America’s debts and paid them fairly, established a modern financial system, and argued for an economy that included manufacturing as well as farming.
Who was the first secretary of state?
Introduction. Thomas Jefferson served as the first Secretary of State from March 22, 1790, to December 31, 1793. Jefferson brought remarkable talents to a long career guiding U.S. foreign affairs.
What was Alexander Hamilton’s main job as Secretary of Treasury?
His main job was to deal with the government’s financial issues.
Who started the national treasury?
With the ratification of the Constitution in 1789, the American government established a permanent Treasury Department in hopes of controlling the nation’s debt. President George Washington named his former aide-de-camp, Alexander Hamilton, to head the new office.
Why did Thomas Jefferson quit as Secretary of State?
Political differences with the president led to Jefferson voluntarily resigning from his position of Secretary of State later in 1793. As Secretary of State he was fairly ineffective. He was not able to pursue the foreign policies he would have liked due to the fact that his views conflicted with Washington’s.
Who was Bill Clinton’s Secretary of State?
Madeleine Jana Korbel Albright (born Marie Jana Korbelová; May 15, 1937) is an American politician and diplomat who served as the 64th United States Secretary of State from 1997 to 2001 under President Bill Clinton. She was the first female secretary of state in U.S. history.
Why did Thomas Jefferson oppose Hamilton’s National Bank?
Thomas Jefferson was afraid that a national bank would create a financial monopoly that might undermine state banks and adopt policies that favored financiers and merchants, who tended to be creditors, over plantation owners and family farmers, who tended to be debtors.
How long was Hamilton’s secretary Treasury?
Although Hamilton came to be known as the most important Secretary of the Treasury in U.S. history, he spent only five years in that position.