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This was just a charter to reinstate the nation bank, but it was issued 4 years before the charter it was on expired.
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He just didn’t allow the recharter because he said it was unconstitutional.
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Jackson was reelected for a second term running as a Democrat. His vice president was Martin Van Buren.
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He didn’t agree with what Jackson was doing because that would affect his job, which was him being the director if the national bank.
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This is where Jackson used all of his executive power to remove all of the funds from the national banks which starts the "Bank War." Due to this the Senate censures the President.
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After he didn’t recharter the bank, the country went into a big recession of not having money and jobs. Economy was damaged due to the bank not being rechartered.