All tagged Jackson

When a President Fought the Nation’s Financial System

American presidents have personal rivalries; sometimes these feuds are hidden from the public while others spill out for all to see. Most presidents don’t attack the nation’s finance department because of the enormous political and monetary blowback. However, Andrew Jackson was one American president who did challenge the nation’s finance department and won—at a high price. There are three things one needs to understand about this Bank War: Jackson, the bank he fought against, and the feud’s effects on the nation. Let’s begin with Jackson.