1978: NOAA announces gender-neutral hurricane naming system
Federal News Network presents a daily update of important moments in the history of the U.S. government.
The Second Bank of the United States, located in Philadelphia, was the second federally authorized national bank in the United States during its 20-year charter from February 1816 to January 1836. A private corporation with public duties, the bank handled all fiscal transactions for the U.S. Government, and was accountable to Congress and the U.S. Treasury. Twenty percent of its capital was owned by the federal government, the bank’s single largest stockholder. On July 10, 1832, President Andrew Jackson vetoed a bill that would recharter the bank.
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