Andrew Jackson’s War on the Bank

• Jackson viewed himself as the champion of the people

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• He believed the Bank benefited rich investors at expense of the farmers

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• Henry Clay and Congress passed a bill to renew the Bank’s charter

Andrew Jackson’s War on the Bank

• Jackson exercised his presidential veto on the bill
• He called the Bank Unconstitutional, although Judicial branch said otherwise
• Jackson “starved” the bank to death
• Had treasury remove all funds to bank
• Expanded power of President

Jackson’s Controversies

• Invading Spanish Florida

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• Argued Senators should be selected by the people (17th Amendment in 1913)
• War on Bank

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• Nullification Crisis

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• Indian Removal Act

Jackson vs Bank Clip

http://www.history.com/videos/jackson-cherokees-tariffs-and-nullification#jackson-censured-in-bank-war

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http://www.history.com/topics/us-presidents/andrew-jackson/videos/jackson-censured-in-bank-war?m=528e394da93ae&s=undefined&f=1&free=false