There’s more to the story
There’s more to the story
Alexander Hamilton and the Central Bank
Alexander Hamilton’s life and achievements are celebrated in Hamilton The Musical. Join us at the Minneapolis Fed in honoring him and this remarkable theater event.
Take our short quiz to test your knowledge on Alexander Hamilton
Come on a free tour of the Minneapolis Fed
The winning student stole the show with his video entry
Watch the video from our Conversations with the Fed event
Bet you an Alexander Hamilton you don’t know what’s unique about him on that $10 bill.
The answer? His portrait is the only one on U.S. currency that faces left.
Prove your Alexander Hamilton knowledge!
Take this quiz to see how much you know about Alexander Hamilton.
Washington was on Hamilton’s side
Despite his youth—he was in his early 20s—Alexander Hamilton became a close aide to the general, who would become our first U.S. president. George Washington admired Hamilton for his brains and for his military heroism during the War for Independence.
A vision that’s endured
Alexander Hamilton’s vision created our nation’s first central bank. No wonder President George Washington appointed him to be the first Secretary of the Treasury in 1789. Today, the Federal Reserve, including the Minneapolis Fed, is independent of the U.S. government, but our profits go back to U.S. Treasury and to taxpayers.
It was personal. It was political. It was tragic. And it’s at the heart of the narrative of Hamilton. On July 11, 1804, a decades-long rivalry between Alexander Hamilton and U.S. Vice President Aaron Burr ended in a deadly duel in Weehawken, New Jersey. Spoiler alert: Hamilton was shot and killed.
We don’t do theater
We absolutely love Hamilton. On the other hand, fiscal and monetary policy isn’t show biz. It’s serious business, and that’s what the Minneapolis Fed and our 1,000 employees are doing every day. We regulate banks. We conduct groundbreaking research to aid policymakers. We work with and educate communities in our Ninth Federal Reserve District. We help maintain a stable and growing economy.
Did you know?
The Minneapolis Fed offers free tours. Get a behind-the-scenes look at the Bank and see our Hamilton exhibit.
Student social media contest: #Hamilton4All
Congratulations to Henry Long, 15, of Eden Prairie, Minn. Henry's bold economic ideas and show-stopping video entry earned him the top spot in our #Hamilton4All social media contest. His ideas to improve lives and the economy included “subsidiz[ing] economic research and requir[ing] general economic education [for the public].” Henry won a paid internship at the Minneapolis Fed and two tickets to see “Hamilton” at the Orpheum Theatre.
In the News
October 4, 2018 | Kare 11
September 19, 2018 | Star Tribune
September 18, 2018 | FOX 9
August 30, 2018 | WJON Radio
August 30, 2018 | Star Tribune
August 29, 2018 | WCCO TV
August 28, 2018 | KARE 11
August 28, 2018 | WCCO Radio
August 24, 2018 | Star Tribune
August 21, 2018 | Star Tribune
More Hamilton from the Minneapolis Fed
Conversations with the Fed
Watch Federal Reserve Bank of Minneapolis Senior Vice President & General Counsel Niel Willardson to find out more about Hamilton’s Bank of the United States, the precursor to today’s Federal Reserve System.
At the dawn of the Republic, the First Bank of the United States created a model for American financial markets and monetary policy that endures to this day.
2007-08 Essay Contest Winner
Alexander Hamilton and Thomas Jefferson have both been hailed as “founding fathers” to the United States, but through the centuries, many history books have judged their parenting tactics quite differently.