Jerry Nadler: “On the provision that this House voted on the instructions to conferees, we said that the bank should not be able to…”

“On the provision that this House voted on the instructions to conferees, we said that the bank should not be able to cancel the credit card for the sin of the cardholder having paid on time, and they should not be able to charge an extra fee for that reason. The gentleman stated correctly that the conference report eliminated the second provision, they can still charge an extra fee. But my understanding is that the conference report says that they can also cancel the card, albeit only at the end of the term, which is generally a year or two. So what is left of this provision to not to penalize responsible borrowers?”