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SAT® Subject Test in U.S. History

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Jackson vs. the Bank

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Despite the Bank's charter not running out until 1836, how did Jackson undermine the Bank and weaken its political power?

A

Forcing the resignation of Bank President Nicholas Biddle.

B

Withdrawing federal funds from the Bank and putting them in many state banks.

C

Repeatedly publicly criticizing the Bank and warning that the Bank's leadership was trying to deliberately crash the US economy to discredit Jackson.

D

Create a Federal Reserve Board in charge of national banking.

E

Pushing a bill to dissolve the charter early, claiming popular mandate for this policy.