What was President Martin Van Buren's new solution to the problem of what to do about the federal government's relationship to banking?

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Van Buren proposed the Independent Treasury System, which meant that federal funds would be handled by the government itself, rather than being deposited in banks, whether state or privately owned. This was a move away from the practice of using "pet banks" after the demise of the Second Bank of the United States and was intended to avoid the kind of financial crises that had occurred previously.

What Was President Martin Van Buren's New Solution to the Problem