Why did many oppose the national bank? The bank would not pay for the national debt.

The bank could not provide mortgages.

A national bank was not mentioned in the Constitution.

A national bank was not mentioned in the Constitution.

Explanation:

A lot of Americans were against the idea of having a National Bank because they believed that the idea was unconstitutional and it would give too much power to the Federal Government. They were also afraid that this would create a monopoly that could undermine state-run banks

It was widely believed by many people, as brought up by Thomas Jefferson that the Constitution did not give the government power to establish and run a bank.

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