laura52677
laura52677 laura52677
  • 04-02-2019
  • History
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Why did Andrew Jackson oppose the federal bank?

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giovney
giovney giovney
  • 04-02-2019

Many people opposed the idea. They believed that a national bank was unconstitutional and would place too much power in the hands of the federal government. Despite the opposition, Hamilton prevailed, and Congress created the Bank of the United States (often called the First Bank), granting it a 20-year charter.

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