Explain why president james madison authorized the second bank of the united states. what problems did it solve?

The Second Bank of the United States was chartered for many of the same reasons as its predecessor, the First Bank of the United States. The War of 1812 had left a formidable debt. For these reasons President Madison signed a bill authorizing the 2nd Bank in 1816 with a charter lasting 20 years

Explanation:

richard milhous nixon (january 9, 1913 – april 22, 1994) was the 37th president of the united states, serving from 1969 to 1974, when he became the only president to resign (quit). he is also known for corruption and the watergate scandal which resulted in the public losing trust in him and his resignation.