Second Bank of the United States Timeline of Events

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Second Bank of the United States

The Second Bank of the United States was chartered in 1816, five years after the First Bank of the United States lost its own charter. The Second Bank of the United States was initially headquartered in Carpenters' Hall, Philadelphia, the same as the First Bank, and had branches throughout the nation.The Second Bank was chartered by many of the same congressmen who in 1811 had refused...

Timeline of Events

1816

4.10.1816

The United States Government approves the creation of the Second Bank of the United States.

1832

7.10.1832

U.S.President Andrew Jackson vetoes a bill that would re-charter the Second Bank of the United States.

1834

3.28.1834

The United States Senate censures President Andrew Jackson for his actions in de-funding the Second Bank of the United States.

1841

8.16.1841

U.S. President John Tyler vetoes a bill which called for the re-establishment of the Second Bank of the United States. Enraged Whig Party members riot outside the White House in the most violent demonstration on White House grounds in U.S. history.