History of the American Banking System

Congress Creates the First US Bank

Feb 25, 1791

https://www.history.com/topics/bank-of-the-united-states

Second Bank of U.S.

1816

https://www.federalreservehistory.org/essays/second_bank_of_the_us

Andrew Jackson Campaigns Against the 2nd Bank of the US and Vetoes Bank Charter Renewal

1832

https://www.history.com/topics/bank-war

Lincoln Over Rules Debt-Based Money and Issues Greenbacks to Fund the War

1862

http://www.xat.org/xat/usury.html

Banking Panic of 1907

1907

https://www.federalreservehistory.org/essays/panic_of_1907

Federal Reserve Act Passed

Dec 23, 1913

https://www.senate.gov/artandhistory/history/minute/Senate_Passes_the_Federal_Reserve_Act.htm

Federal Reserve Contracts the Money Supply

1929

https://www.investopedia.com/articles/08/fight-recession.asp

“Black Thursday”, Stock Market Crash

Oct 24, 1929

https://www.history.com/topics/1929-stock-market-crash

Great Depression Begins

1930

https://www.history.com/topics/great-depression

Subprime Mortgage Crisis

2008

https://www.federalreservehistory.org/essays/subprime_mortgage_crisis