Andrew Jackson was one of the most determined people around. He took his bank war extremely serious, rejecting any opposition from congress, his cabinet, and even firing a couple secretary’s of treasury. Jackson saw the bank as his greatest enemy, exclaiming “You are a den of vipers and thieves. I have determined to rout you out, and by the Eternal, I will rout you out.” Nicholas Biddle, the president of the Bank, was not going to roll over, making his own statement “This worthy President thinks that because he has scalped Indians and imprisoned Judges, he is to have his way with the Bank. He is mistaken.” Biddle, preparing for Jackson’s attacks, decided to disrupt the economy, causing a financial crisis through loans, and debt. This move was counterproductive, highlighting Jackson’s fears of a central bank being too powerful. The President enacted his plans on October 1st, 1833. Behind congress’ back, he began to place federal funds in 23 “pet banks” instead of the Federal Reserve. Jackson lived up to his famous quote, “The Bank, Mr. Van Burren, is trying to kill me, but I will kill it.”, by ending the reign of the all powerful central bank in the following years.
Andrew Jackson, when asked about his greatest achievement, simply replied, “I Killed the Bank”