Durbin Dumbfounded by Occupy Wall Street Protests

By  |  October 17, 2011
 | 
October 14, 2011

 

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    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.

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    “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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