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Trump pardons former Republican congressman convicted of insider trading

Trump pardons former Republican congressman convicted of insider trading

Summary

President Donald Trump has pardoned Stephen Buyer, a former Republican congressman from Indiana who was convicted of insider trading and served nearly two years in prison. The pardon comes after Buyer’s appeals were rejected and he maintains his innocence, saying the prosecution was politically motivated.

Key Facts

  • Stephen Buyer is a former Republican congressman from Indiana.
  • Buyer was convicted in 2023 of making illegal stock trades based on inside information after he left office.
  • He served 22 months in prison and was fined $10,000, also ordered to give up over $350,000 gained illegally.
  • Buyer’s conviction involved insider trading related to the T-Mobile and Sprint merger and the acquisition of consulting firm Navigant.
  • The Supreme Court rejected Buyer’s appeal in May 2025 without comment.
  • President Trump issued a full, unconditional pardon for Buyer in June 2025.
  • Buyer served as a military judge advocate general and worked on President Trump’s veterans transition team.
  • Over 40 former Republican members of Congress and five current House Republicans supported Buyer’s pardon, calling it justice and a correction of political targeting.
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