Democratic (constitutionalist) President Polk signs the Independent Treasury Act of 1846, further insulating the united States Treasury from private bank failures.
Postscript: For the next eight decades the Union (and later the nation) experienced the greatest period of economic growth in its history with the abundance of a stable and lawful Money (gold and silver Coin) supply.
[added 2/20/2021]
Subsequent Events:
Authority:
Article I, Section 9 [Clause 7]
ccc-2point0.com/constitution-for-the-united-states
References:
The Federal Reserve and you
endthefednc.wordpress.com/
Current U.s. National Debt:
