Is he for or against regulation? Trump swings in 1 day

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  • FILE - In this Friday, April 21, 2017, file photo, President Donald Trump speaks at the Treasury Department in Washington, where he signed an executive order to review tax regulations set last year by his predecessor, as well as two memos to potentially reconsider major elements of the 2010 Dodd-Frank financial reforms passed in the wake of the Great Recession. While Republicans in Congress craft a bill to unwind the tighter financial rules that took effect after the 2008 crisis, President Donald Trump is looking in another, seemingly opposite direction: He's entertaining the idea of restoring the Depression-era firewall between commercial banking and its riskier investment side. (AP Photo/Susan Walsh, File)

    FILE - In this Friday, April 21, 2017, file photo, President Donald Trump speaks at the Treasury Department in Washington, where he signed an executive order to review tax regulations set last year by his predecessor, as well as two memos to ... potentially reconsider major elements of the 2010 Dodd-Frank financial reforms passed in the wake of the Great Recession. While Republicans in Congress craft a bill to unwind the tighter financial rules that took effect after the 2008 crisis, President Donald Trump is looking in another, seemingly opposite direction: He's entertaining the idea of restoring the Depression-era firewall between commercial banking and its riskier investment side. (AP Photo/Susan Walsh, File) (The Associated Press)

  • House Financial Services Committee Chairman Rep. Jeb Hensarling, R-Texas speaks on Capitol Hill in Washington, Tuesday, May 2, 2017, during the committee's hearing on overhauling the nation's financial rules.  (AP Photo/Manuel Balce Ceneta)

    House Financial Services Committee Chairman Rep. Jeb Hensarling, R-Texas speaks on Capitol Hill in Washington, Tuesday, May 2, 2017, during the committee's hearing on overhauling the nation's financial rules. (AP Photo/Manuel Balce Ceneta) (The Associated Press)

While Republicans in Congress craft a bill to unwind the tighter financial rules that took effect after the 2008 crisis, President Donald Trump is looking in another, seemingly opposite direction: He's entertaining the idea of restoring the Depression-era firewall between commercial banking and its riskier investment side.

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If Congress reinstated such a law, it might lead to the breakup of big banks.

Trump, who also has denounced the Dodd-Frank crisis financial law and promised to dismantle it, swung between those two extremes of restoring bank regulation and deregulating in a short space of time on Monday in two White House settings.