Alexander Hamilton argued that the new U.S. government should have a national bank to make tax collection, trade regulation, and national defense easier. Thomas Jefferson disagreed, arguing that a bank was unnecessary since it was not explicitly allowed by the Constitution. Hamilton believed a bank was implied as necessary to process tax money and store funds for defense. Jefferson maintained that the Constitution did not require a bank and those functions could be carried out without one. Overall, Hamilton's argument was seen as more logical and convincing since he explained how a bank could support the government, while Jefferson simply stated a bank wasn't mentioned without alternatives.