President Van Buren attempted to "divorce" the government from all banking activities through the

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The Independent Treasury Act was an initiative by President Martin Van Buren aimed at separating the federal government's finances from the nation's banks, effectively "divorcing" the government from banking activities. This system allowed the government to handle its own transactions without relying on state or private banks, in response to the financial instability and the Panic of 1837.

President Van Buren Attempted to "Divorce" the Government from All