The main difference between federalists and republicans is that federalists believe all power should reside in the government, while republicans believe that power should reside in the people.
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Republicans and Federalists had formal and informal meetings to prepare for an election. The Republican party was formed when Thomas Jefferson resigned from Washington's cabinet in 1793.
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The representatives said that the elected officials ruled in the people's name. (the Federalists also agreed with that)
The first two political parties are the Federalists led by Alexander Hamilton and the Democratic-Republicans led Thomas Jefferson. The Federalists supported a strong central goverment and creation of national bank. The Democratic-Republicans supported a weak national government that left the states to make major decisions.