Question

In his war on the Bank of the United States, President Jackson (5 points)

Select one:
a. removed federal deposits from the Bank of the United States and deposited them in state banks
b. forced the nation to adopt a paper money system
c. announced that all national policies on money would be made by the president
d. closed all branches of the Bank of the United States

Answer 1

The correct answer is A) removed federal deposits from the Bank of the United States and deposited them in state banks.

In his war on the Bank of the United States, President Jackson removed federal deposits from the Bank of the United States and deposited them in state banks.

On September 3, 1833, President Andrew Jackson declared that the federal government would stop using the Second Bank of the United States. With the capacity he had to use his executive power, he removed the funds from the bank and deposited them in different state banks across the United States. That was the end of the story known as the "Bank War." Congress accused Jackson of abuse of executive power.