Question

How did Pres. Jackson respond to the efforts to re-charter the bank of the united states

Answer 1

The First Bank of the United States had closed in 1811. But without a central bank, the country’s finances had suffered during the War of 1812.

So in 1816, Congress provided money to establish the Second Bank of the United States. The bank could provide loans, pay bills, collect taxes and move money around the country.