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.
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