He thought state banks would do a better job of stabilizing the economy.
Apex sucka=P
He believed that state banks were better managed than the Bank of the United States.
nicholas biddle
One of the motivations that Andrew Jackson did not have for opposing the Bank of the United States was concern over centralization of power. He believed that the bank was operated by wealthy elites for their own benefit, and he wanted to prioritize the interests of the common man.
Bank of the United States
he removed all federal governments money from the bank
Andrew Jackson's domestic policy included populist economic decisions. He enforced a federal tariff, vetoed a bill to charter the Second Bank of the United States and didn't object to slavery.
Jackson did not have a positive attitude towards the Bank of the US. This was because the bank made personal loans to wealthy people and gave low interest loans to congressmen who did not support him.
Nicholas Biddle
Andrew Jackson opposed the first National Bank because he disliked the people running the national bank.
Andrew Jackson disapproved the bank.
Andrew Jackson announced that the government was no long going to be using the Second National Bank and removed all funds from the bank.
Andrew Jackson opposed the first National Bank because he disliked the people running the national bank.
Andrew Jackson announced that the government was no long going to be using the Second National Bank and removed all funds from the bank.