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Compare And Contrast Jackson And The Democratic Party

135 Words1 Pages
Jackson and the Democratic Party believed in limiting the influence of the federal government, with more power lying with the states. While in office, Jackson used his executive power to veto laws more times than any other president before him. One of these veto choices involved allowing the Second National Bank charter to expire. Jackson believed that the national bank only helped the wealthy, not the common people in America. He removed all the money from the national bank, transferred it to the states, and let the charter expire. Without the national bank to stabilize the federal finances, the country went into an economic crisis and the federal government lost public support. He may have intended to help the American people with this decision,
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