What was Jackson's view of the national bank?

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2026-04-13 08:00

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President Andrew Jackson distrusted the national bank, and believed it to be part of a conspiracy to take away states rights, and abolish slavery. As a result, in ways many historians believe was overstepping his authority as president, he took all of the government's money out of the national bank, and put it in state banks. This literally caused the national bank to shut its doors, and it was dismantled.

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