-
the bank came nder increasing attack after Andrew Jackson was elected to the presidentcy in 1828
-
president Andrew Jackson vetoed legislation that would have extended it for another 20 years.
-
Jacksons withdrawl of federal government funds further blocked the second banks effectiveness for the remaining three years of its life.
-
to rebuild and stregthen the countrys backing system congress passed the national banking acts.
-
the gold standard act of 100 commited the us government to the gold standard.