Answer:
After the Panic of 1837, President Martin Van Buren took several steps to help prevent further bank crises. One of the main actions he took was to establish an independent treasury system, which would separate the government's funds from those of private banks. This system was designed to prevent banks from using government funds for risky investments or loans, which could lead to financial instability.
The Independent Treasury Act of 1840 established a system in which the government would hold its funds in its own vaults or in sub-treasuries, rather than depositing them in private banks. This system was intended to prevent banks from using the government's deposits to expand their own lending, which had been a major factor in the financial instability of the time.
Van Buren also supported the establishment of state banking regulations and the creation of a national banking system, which would be better regulated and more stable than the existing patchwork of state-chartered banks. However, these initiatives were not implemented until after Van Buren left office, during the presidency of his successor, John Tyler.