In an attempt to destroy the bank,Jackson

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Quizplus · Accepted Answer

Jackson ordered that the federal government withdraw its money from the bank, which severely weakened the bank's position and ultimately led to its demise. While Jackson did have conflicts with the bank's president, Nicholas Biddle, firing him alone would not have been enough to destroy the entire institution. Additionally, expanding the amount of paper money in circulation, calling in loans, and raising interest rates would not have directly targeted the bank and may have had negative consequences for the overall economy.

In an Attempt to Destroy the Bank,Jackson