How did Andrew Jackson attempt to destroy the federal banks?

Andrew Jackson's strategy to dismantle the federal banks was primarily executed through the removal of federal deposits and their placement into state banks, often referred to as "pet banks." This action was part of his broader campaign against the Second Bank of the United States, which he viewed as a symbol of excessive federal power and an institution that favored the elite at the expense of common citizens. By withdrawing federal funds from the bank, Jackson aimed to weaken its financial stability and influence, effectively undermining its operations. This move sparked significant political controversy and was a key aspect of his administration's economic policy. The use of state banks was based on Jackson's belief that they would be more responsive to the interests of the public.

The other options do not accurately reflect Jackson's approach. Funding federal banks with state resources or merging them with private banks did not align with his agenda. Furthermore, enacting new banking legislation would have indicated a reliance on the legislative process, which was not how Jackson chose to confront the institutional power of federal banks. Instead, his direct withdrawal of funds was a more radical and confrontational tactic.