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Congress created the Second Bank of the US and shortly after it's creation it was proven to be very unpopular.

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15y ago

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Jackson greatly opposed the Second Bank of the US, and sought to get rid of it.


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The Second Bank of the United States was chartered in 1816 because the First Bank of the United States lost its charter. The reason why it was chartered was because the United States suffered from severe inflation during the War of 1812 which led to many difficulties when it came to funding military operations.Hope this helps! :)


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