How did President Jackson go about crippling the National Bank of the United States?
How did President Jackson go about crippling the National Bank of the United States?
He ordered the removal of all federal deposits in the National Bank.
He used an executive order to end the charter of the bank that Congress could not overturn.
He fired all of the employees, so there was no one running the bank in day-to-day operations.
He ordered the printing of more paper currency to create hyperinflation.