1833

Andrew Jackson shuts down Second Bank of the U.S.

On this day in 1833, President Andrew Jackson announces that the government will no longer use the Second Bank of the United States, the country’s national bank. He then used his executive power to remove all federal funds from the bank, in the final salvo of what is referred to as the “Bank War.”

https://www.history.com/this-day-in-history/andrew-jackson-shuts-down-second-bank-of-the-u-s