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The federalist believed in the concept of a national bank and the loose interpretation of the constitution.
Who are the Federalist
The Federalist were the supporters of the proposed Constitution in the United states.
They were committed to a centralized system of government and this gave rise to their name. The federalists believed that a more robust national government was necessary in America.
They felt that the Articles of Confederation had not been strong enough to sustain a working government and hence decided that a new form of government was needed.
Notable people who were considered federalist are Alexander Hamilton and James Madison.
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