He tried to get rid of the bank and he succeeded in blocking the renewal of its charter, thus ending its existence.
President Andrew Jackson attempted to put a halt on operations at the Second Bank of the United States. He believed the bank wielded too much power and was detrimental to the economy and the welfare of the common man. In 1832, he vetoed the recharter of the bank and subsequently withdrew federal deposits, effectively crippling its operations. Jackson's actions significantly weakened the bank and contributed to its eventual demise in 1836.
Jackson declared war on the second bank of the US because Jackson believed to be corrupt. Jackson declared war on Biddle and the bank. But Biddle felt sure of his political power.
destroy apex
had a corrupting influence on politics
In July of 1832, President Andrew Jackson issued a veto of a bill that would have re-chartered the Second Bank. Jackson believed that the bank was corrupt.
Andrew Jackson opposed the Second Bank of the United States, both politically and on ideological grounds. Jackson was the 7th U.S. President.
Andrew Jackson
Nicolas Biddle was the bank president and political enemy of Jackson.
The financial institution opposed by President Jackson was the second Bank of the United States known as BUS.
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Nicolas Biddle was the president of the Second Bank of the United States and was Andrew Jackson's chief opponent in the bank war. The so-called bank war was a dispute over the restructuring of the national bank.
He viewed it as a blow to congressional authority.