Biography:

 The Second Bank of the United States was chartered by Congress in 1816 to perform essentially the same duties as the First Bank: to stabilize and unify the country’s economy. In its first eight years it was plagued by mismanagement, instability, and fraud. In 1823, Nicholas Biddle became president of the bank and gained control over a large portion of its functionality. However, Andrew Jackson was elected as President in 1828 on a largely anti-Bank platform, arguing that the Bank of the United States violated republican ideals. He vetoed the bank’s early charter renewal in 1832, and it expired in 1836; most of its funds were moved to state banks, although Biddle converted the bank to a state-chartered corporation in Pennsylvania just before its expiration. The bank was eventually totally liquidated in 1841. The building of the Second Bank of the United States was designed by William Strickland, modeled on the Greek Parthenon.