[Answer] why did President Jackson support insteadof a large national bank?

Answer: the states bank

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why did President Jackson support insteadof a large national bank? Thu Mar 26 2020 · Jackson began investigating the Second Bank of the United States immediately upon becoming president in 1829. His concerns were backed by agrarians who didn't benefit much from the wealthy run and operated bank . Jackson did oppose the constitutionality of the bank but the U.S. Congress ruled that the bank was constitutional. Mon Mar 30 2020 · According to the History Channel President Andrew Jackson vetoed a new charter for the Second Bank of the United States because the bank was heavily biased toward business interests and had no congressional oversight . This bias led the bank to not support western expansion which Jackson favored. Mon Jun 13 2016 · The chartering of the First National Bank in 1791 sparked division of President Washington’s administration into two factions that developed into the nation’s first political parties. Jackson ’s war against the Second National Bank similarly contributed to the development of the Democratic and Whig Parties. Why Did Andrew Jackson Oppose the National Bank? Andrew Jackson and the National Bank | World History Andrew Jackson and the National Bank | World History Mon ...

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