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saul85 [17]
3 years ago
15

ANSWER ASAP PLEASE!!!!!!

History
1 answer:
rewona [7]3 years ago
4 0

The correct answer is: A). It was too powerful.

Explanation:

<em>The Second National Bank</em> of the United States<em> was founded in 1816</em> being the successor bank of the National Bank created in 1791 by <em>George Washington and Alexander Hamilton. </em>

<em>President Andrew Jackson</em> view this bank as an<em> elitist institution</em> tied to Eastern commercial interests. He thought<em> it had more power than any other bank</em>, since it acted like a branch of government, and controlled a big part of the nation's gold. The Second National Bank was an institution <em>against democratic views</em>, making it's priority<em> to gain profit </em>and <em>not public service.</em>

The re-election campaign of President Andrew Jackson against Henry Clay <em>focused on the bank's future</em>, when he won he felt he received a mandate from the public to close the bank despite the objections of the Congress. He removed all federal funds on <em>September 10, 1833</em> and announced that after October 1 there wouldn't be any deposits to the bank. President Jackson destroyed the bank, and it's charter officially expired in 1836.<em> The Congress censured President Jackson </em>for an abuse of presidential power.

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