jan 1, 1832 - 1832 - After vetoing an act to recharter the Second Bank of the United States, Andrew Jackson staked his 1832 campaign on destroying the bank, and upon election by executive order removed currency from the bank and divided it among smaller private banks. Almost single-handedly, Jackson destroyed the financial institution first suggested by Alexander Hamilton that would never again be reinstuted in a full form, and never in a partial form until the 20th century in the form of the federal reserve.
Added to timeline:
Date:
jan 1, 1832
Now
~ 193 years ago