What was one of Hamilton's major actions to implement his financial plan?

One of Hamilton's major actions to implement his financial plan was establishing a National Bank. This was a pivotal component of his strategy to stabilize and improve the nation's economy post-Revolutionary War. The National Bank, initially proposed as the First Bank of the United States in 1791, served several crucial functions. It provided a safe place for the federal government's deposits, facilitated the collection of taxes, and offered a uniform currency across the states, which helped to foster commerce and trade.

The creation of a central bank was seen as vital for managing financial systems and addressing the debt incurred by the states and the federal government during the war. By instituting a National Bank, Hamilton aimed to lay a solid financial foundation for the new republic, assert federal authority over economic matters, and boost public confidence in America's financial standing. This action reflected his broader vision of an active government role in promoting economic growth and development, which contrasted with the more limited government views held by some of his contemporaries.