The Second Bank of the United States was created

A) by Congress in 1816, with the support of President Madison.
B) to counterbalance the power of the First Bank of the United States.
C) by President Monroe's executive order in 1820.
D) by a group of New York bankers after the First Bank of the United States failed.
E) by Congress in 1832, with the support of President Jackson.

Second Bank Of The United States

A federal institution that operated from 1816 to 1836, functioning as the United States' central bank, located in Philadelphia, Pennsylvania.

President Madison

James Madison, the fourth President of the United States, serving from 1809 to 1817, known for leading the nation during the War of 1812.

1816

The year known for the "Year Without a Summer" due to significant global temperature anomalies that led to major food shortages in the Northern Hemisphere.