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Gallatin helped Thomas Jefferson prevail in the contentious 1800 U.S. presidential election, and his reputation as a prudent financial manager led to his appointment as Treasury Secretary. Under Jefferson, Gallatin reduced government spending, instituted checks and balances for government expenditures, and financed the Louisiana Purchase and ...
Jefferson opposed Treasury Secretary Alexander Hamilton's proposal to establish a government bank, and the two emerged as political rivals during George Washington's presidency. Jefferson distrusted government banks and opposed public borrowing, which he thought created long-term debt, bred monopolies, and invited dangerous speculation as ...
By July 1801, Jefferson had assembled his cabinet, which consisted of Secretary of State James Madison, Secretary of the Treasury Albert Gallatin, Secretary of War Henry Dearborn, Attorney General Levi Lincoln Sr., and Secretary of the Navy Robert Smith. After his decision to pursue the presidency in the contingent election, Burr was excluded ...
The United States secretary of the treasury is the head of the United States Department of the Treasury, ... Thomas Jefferson (1801–1809) 4: Albert Gallatin:
Thomas Jefferson took office in 1801 after defeating incumbent President John Adams in the 1800 presidential election.By July 1801, Jefferson had assembled his cabinet, which consisted of Secretary of State James Madison, Secretary of the Treasury Albert Gallatin, Secretary of War Henry Dearborn, Attorney General Levi Lincoln Sr., and Secretary of the Navy Robert Smith.
Based on an account given by former Secretary of State Thomas Jefferson, two years after the event, the "dinner" [5] was a private meeting between Secretary of the Treasury Alexander Hamilton and U.S. House of Representatives member James Madison. [3]
Alexander Hamilton’s feud with fellow Founding Father Thomas Jefferson is well-chronicled, both in academic literature and on stage, but he didn’t tell Jefferson he wanted to hit him with a chair.
Federal law requires both the treasurer's signature and the treasury secretary's countersignature for Federal Reserve notes to be considered legal tender. [4] Moreover, the treasurer serves as a senior advisor and representative of the Treasury Department on behalf of the secretary in the areas of community development and public engagement. [3]