1999 State of the Union Address 1999 State of the Union Address The 1999 State of the Union address was given by President Bill Clinton to a joint session of the 106th United States Congress on Tuesday, January 19, 1999. The speech was the third State of the Union address of President Clinton's second term. This was the first State of the Union address with Dennis Hastert as Speaker of the House of Representatives. President Clinton discussed the economy, the federal budget, taxes and focused on the budget surplus, then at $70 billion. The president also discussed the future of Social Security, education, foreign relations and
First Union New Jersey to expand into the Northeast. In April 1998, First Union acquired CoreStates Financial Corporation, headquartered in Philadelphia. At the time, this was the largest merger in US banking history. CoreStates traced its history to 1781 and the Bank of North America, the first bank chartered in the United States. Once the merger finalized, First Union claimed 1781 as its founding date. It continued to operate The Bank of North America's first branch at Sixth and Chestnut in Philadelphia which opened in 1782. It is now the longest continuously operated branch in America and through subsequent mergers is now