U.S. Senator
After DeWitt Clinton's death in 1828, Van Buren's Bucktail supporters became known as Jacksonians (followers of
Andrew Jackson at the national level) and the Jacksonians eventually adopted the name Democrats. In 1833, Wright was the successful Democratic nominee for U.S. Senator, filling the vacancy caused by the resignation of
William L. Marcy. He was reelected in 1837 and served from January 4, 1833, to November 26, 1844. Wright served as chairman of the
Finance Committee from 1836 to 1841. He supported
Henry Clay's compromise
Tariff of 1833 and voted for the
Tariff of 1842. An opponent of centralized banking, Wright defended
Andrew Jackson's removal of federal deposits from the
Second Bank of the United States during the
Bank War and opposed the recharter of the
United States Bank. He also opposed Clay's plan to distribute surplus federal funds to the states. When Van Buren succeeded Jackson as president in 1837, Wright supported his plan for an
Independent Treasury to replace the Bank of the United States. Wright voted no when
John C. Calhoun moved to stop receiving petitions to abolish slavery in the
District of Columbia, but voted yes on excluding anti-slavery materials from U.S. mail in the slave-holding states. In 1838, Wright opposed
William Cabell Rives' resolution declaring that citizens of the states had no right to interfere with slavery in the federal territories and that the residents of the territories had jurisdiction. During the administration of President
John Tyler, Wright voted against the treaty for the
annexation of Texas, believing immediate annexation would cause unrest on the slavery issue. In 1844, Wright declined Tyler's offer to appoint him to a vacancy on the
United States Supreme Court. ==1844 Democratic national convention==