Andrew Jackson vetoed the bill renewing the charter. Jackson did not favor a strong centralized government, and aimed to prevent a central government-run bank as well.
President Andrew Jackson vetoed the bill
President Andrew Jackson vetoed the bill
President Andrew Jackson vetoed the bill
Andrew Jackson vetoed the bill renewing the charter. Jackson did not favor a strong centralized government, and aimed to prevent a central government-run bank as well.
it was not renewed.
Andrew Jackson vetoed the bill renewing the charter. Jackson did not favor a strong centralized government, and aimed to prevent a central government-run bank as well.
The First Bank of the United States was chartered in 1791 by Congress, under the leadership of then-Treasury Secretary Alexander Hamilton. It was established to stabilize and improve the nation's credit and to manage the government's finances. The bank's charter was renewed in 1816 for the Second Bank of the United States, also initiated by Congress.
It was chartered in 1816.
1816.
Andrew Jackson vetoed the bill renewing the charter. Jackson did not favor a strong centralized government, and aimed to prevent a central government-run bank as well.
Jackson vetoes the bank re-charter bill. He never hid his dislike of the bank.
Andrew Jackson vetoed the bill renewing the charter. Jackson did not favor a strong centralized government, and aimed to prevent a central government-run bank as well.