USA HISTORY

Detailed explanation-1: -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.

Detailed explanation-2: -Alexander Hamilton served as Washington’s aide during the Revolutionary War, the first Secretary of Treasury under Washington’s administration, and is considered to be the founder of our nation’s economic system.

Detailed explanation-3: -After George Washington was elected the nation’s first president in 1789, he appointed Hamilton secretary of the treasury. Hamilton sought to create a stable financial foundation for the nation and increase the power of the central government.