Complex sentence: In 1823 President James Monroe appointed Nicholas Biddle, the Bank's third and last executive, to run the bank, and in January 1832 Biddle submitted to Congress a renewal of the Bank's charter four years before the original 20-year charter was to end.
Split into simpler sentences: In 1823 President James Monroe appointed Nicholas Biddle, the Bank's third and last executive, to run the bank. In January 1832 Biddle submitted to Congress a renewal of the Bank's charter four years before the original 20-year charter was to end.