Trump issued pardon to former Republican congressman convicted of insider trading
Summary
President Donald Trump granted a full pardon to Stephen Buyer, a former Republican congressman from Indiana convicted of insider trading. Buyer served nearly two years in prison for illegal trades and was released in 2025 before receiving the pardon.Key Facts
- Stephen Buyer, a former congressman, was convicted of insider trading related to two major business deals.
- Buyer was sentenced to 22 months in prison, fined $10,000, and had to give up over $350,000 in illegal profits.
- He was released from prison in 2025.
- President Trump issued a full, unconditional pardon dated in 2026.
- Trump praised Buyer’s military service as a judge advocate general and his long career in Congress.
- Buyer denies wrongdoing and claims the prosecution was politically motivated.
- Over 40 former Republican lawmakers and several current House Republicans supported Buyer’s pardon.
- The insider trading involved deals like the T-Mobile and Sprint merger and a consulting company acquisition.
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