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Jackson and The Bank

  • Second National Bank of 1816

    Second National Bank of 1816
    The second national bank was created due to the government struggling financially and creating a second national bank to allow for stability and structure to be built due to the War of 1812.
  • Jackson Vetoed The Second National Bank

    Jackson Vetoed The Second National Bank
    Jackson vetoed the bank due to his belief of the bank being unconstitutional.
  • Whig Party 1834

    Whig Party 1834
    The Whig party of 1834 was created by people who were against Jackson and his decisions as president for his reasonings to weaken the Second National Bank.
  • The Panic of 1837

    The Panic of 1837
    The Panic of 1837 was a crisis event that occurred due to the National Bank being closed which led many states to take out loans due to Jackson’s harsh currency.
  • The Independent Treasury Act of 1840

    The Independent Treasury Act of 1840
    The Independent Treasury Act of 1840 was an act created to separate the government and the bank’s crisis away from each other.