The First and Second Banks of the United States

After the American Revolution, the United States economy was in trouble. One solution proposed to solve the crisis was the establishment of a national bank. The bank wasn’t just an economic issue; it also sparked one of the first constitutional debates in the nation’s history. Fast-forward several decades, and the United States found itself debating the exact same issue, with very similar results. Learn more about the first and second Banks of the United States, why they were created, and how they ended on this episode of Everything Everywhere Daily. <...