The 3rd part of the Action Jackson project this is the last
In 1832, Jackson vetoed the Second Bank of the United State's charter. He believed the government could not constitutionally create such a bank and that it favored the wealthy over the common people. This action led to federal money being put into state banks who then loaned it out freely leading to inflation.
Jackson made it clear that he was the absolute ruler of his administration’s policy, and he did not defer to Congress or hesitate to use his presidential veto power. For their part, the Whigs claimed to be defending popular liberties against the autocratic Jackson, who was referred to in negative cartoons as “King Andrew I.”
President or King
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