View source for Second Bank of the United States

==Rechartering==

Renewal of the Second Bank's charter was vetoed on July 10, 1832, by [[Andrew Jackson | Jackson]], and it slowly declined until the expiration of its charter in 1836. The bank became a major campaign issue in 1832, with Jackson supported by his newly formed [[Democratic Party (United States), history|the Democrats]] and Biddle supported by [[Henry Clay]]. Jackson won, and the national charter was not renewed, but Biddle kept the bank in operation using a state charter.  The Whigs tried to recharter the bank in August 1841, but President [[John Tyler]] vetoed the bill.