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FIRST ON FOX: A House committee will be holding a formal hearing next Wednesday that will include discussion about whether members of Congress should be allowed to trade individual stocks.

House Administration Committee Chairman Bryan Steil, R-Wisc., will lead the hearing, titled “Taking Stock of the STOCK Act,” which will include two witnesses from the Taxpayers Protection Alliance and the Manhattan Institute. The hearing’s purpose is to determine policy angles that may be effective in reining in some of the controversial profits that members of Congress have earned through alleged insider information.

“Members of Congress should never profit off insider information,” Steil told Fox News Digital. “A number of proposals have been put forward t

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