In an email to its Washington area members, obtained by The Hill this week, ParkMobile cast the blame for increasing its transaction fee squarely on Durbin.
"Beginning October 29th, transaction fees in DC will increase from $0.32 to $0.45 due to increased costs triggered by recent federal legislative reform enacted by the Dodd-Frank Wall Street Reform and Consumer Protection Act’s Durbin Amendment," the company wrote in the email.
Durbin said the parking company's argument was like "blaming a traffic cop for a driver’s decision to speed and drive recklessly.
"Instead of criticizing my efforts to stop Visa and MasterCard’s abusive fee increases, I urge you to instead join those efforts," Durbin said. "Your business and your customers will be better served if you do.”
The underlying Dodd-Frank law has been touted by President Obama and other Democrats as a safety net for consumers after the economic crisis of 2008. But Republicans have derided the measure as a burdensome set of regulations on business, and GOP presidential nominee Mitt Romney has pledged to repeal it.