DC
10/26/2012 06:27 pm ET

Durbin Slams Parkmobile's Claim That Financial Reform Law Led to Increases in Transaction Fees

Senator Dick Durbin

Yesterday Parkmobile informed its D.C. subscribers that transaction fees for the pay-by-phone parking app would be jumping from 32 to 45 cents, an increase it blamed on an amendment offered by Sen. Dick Durbin (D-Ill.) to the landmark Dodd-Frank financial regulation bill. Today, Sen. Durbin had something to say about that—bullshit.

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