Sen. Dick Durbin (D-IL) certainly feels like he understands the matters surrounding debit card regulation. Yet what is a puzzle to the author of the Dodd-Frank bill’s controversial debit interchange amendment is the recent Occupy Wall Street movement.
“I can’t explain completely what’s going on with the Occupy effort. I just don’t know what’s behind it,” he said, according to WJBC. “For the first time this morning I read in one of the newspaper columns a list of things that they would like to see done. I agree with many of them. Not all of them, but many of them.”
Durbin believes it will be challenging for the protesters to formulate and subsequently articulate a clear, unified political agenda, adds WJBC.
PYMNTS.com visited Occupy Boston last week and asked participants to share their thoughts on banks’ new consumer charges post-Durbin. (Watch video)
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