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4h 6min, feb 15, 1816 y - Second Bank of the United States

Description:

The purpose of this bank was to regulate the public credit coming through private banks by performing financial duties for the U.S. Treasury. The president of the bank was Nicholas Biddle, who lost the re-election of the bank as the national bank, and therefore the Second Bank became private.

Added to timeline:

Date:

4h 6min, feb 15, 1816 y
Now
~ 210 years ago

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