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Between 1789 and 1800, Alexander Hamilton played a pivotal role in shaping the United States' financial framework. As the first Secretary of the Treasury, he developed policies to stabilize the economy, including the establishment of the national bank, the assumption of state debts, and the promotion of industrialization. Hamilton's vision fostered economic growth and laid the groundwork for modern financial systems, although his views often clashed with Thomas Jefferson and others, sparking debates that defined the early Republic's political landscape.
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