Jerrold Nadler actually said...

So we have a robust market and an unfairness, and fixing the unfairness by passing this bill would not appear either theoretically or from e...

Because we do not provide this right, American artists are prevented from recovering any royalties generated from the resale of their works ...

This means that the artist receives no part of the long-term financial success of the work.

doing so would be a major mistake.