The Second Bank of the United States

The Second Bank of the United States was chartered in 1816, just five years after First Bank of the United States lost its charter. It had numerous branches around the country and a close relationship with the US government—until 1833. That year, US President Andrew Jackson refused to renew the bank’s charter on the grounds that it concentrated too much economic power in the hands of a small, moneyed elite beyond the public’s control. What happened to its headquarters in Philadelphia? Discuss

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