The debate began back in the George Washington administration. Could Congress create a national bank, even though it was not expressly given that power in the Constitution? Alexander Hamilton said yes ...
The Supreme Court’s landmark ruling in McCulloch v. Maryland (1819), widely regarded by scholars as the most important decision ever rendered by the nation’s high tribunal, provided firm footing for ...
In McCulloch v. Maryland, the court established the doctrine of implied powers. In the process, it resolved an historical debate between those who advocated a strict, and those who advocated a broad, ...
2/1/1816: Second Bank of the United States chartered. The Supreme Court would uphold the constitutionality of the Bank in McCulloch v. Maryland.