Which of the following did Andrew Jackson believe made the federal government "subversive to ti rights of the states" and was a monopoly controlled by foreigners and the rich?

1 answer

Andrew Jackson believed that the Second Bank of the United States was "subversive to the rights of the states" and regarded it as a monopoly controlled by foreigners and the wealthy elite. He was a strong opponent of the Bank, arguing that it concentrated too much financial power in the hands of a few and threatened the rights of individual states and citizens. His opposition to the Bank was a significant aspect of his presidency and culminated in his decision to veto the recharter of the Bank in 1832.