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First bank of the united states

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The us refused to charter as a result the number of banks chartered

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The bank was chartered but would succumb to political fears

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Andrew Jackson vetoed a bill to recharter the Bank, and began a campaign that would eventually lead to its destruction.

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The resulting high inflation, and Jackson policies favoring hard currency (gold or silver) led many investors to panic and many banks to close due to insufficient reserves, in a financial crisis known as the Panic Of 1837

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The National Banking Acts of 1863 and 1864. Congress passed these bills as a wartime expedient to help finance the war effort by increasing the demand for federal government debt and promote a stable uniform currency.

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Congress passed the gold standard act. it set value of the dollar

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The Bank Panic occured. In the years leading up to the Panic, the U.S. Treasury, led by Secretary Leslie Shaw, engaged in large-scale purchases of government bonds and eliminated requirements that banks hold reserves against their government deposits.

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congress created a National Monetary Commission

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Franklin d Roosevelt declared a bank holiday on march 33