Final answer:
Andrew Jackson removed federal deposits from the Second Bank of the USA, reassigned Louis McLane, fired William J. Duane, and appointed Roger B. Taney to facilitate the transfer of funds to state banks, leading to economic retaliation by bank president Nicholas Biddle.
Step-by-step explanation:
President Andrew Jackson, known for his forceful personality and often controversial decisions, made a series of moves against the Second Bank of the United States which included removing federal deposits. When Louis McLane resisted Jackson’s plan to withdraw funds from the bank, he was reassigned and replaced by William J. Duane. However, Duane also refused to execute the removal of funds, leading to his termination. Jackson then appointed Roger B. Taney, who began to transfer the funds to state banks. This led to Nicholas Biddle, the bank's president, retaliating by contracting bank credit. Jackson's actions, perceived as an attack on the bank, precipitated an economic struggle but ultimately contributed to the demise of the bank.