Trump pardons former US Congressman Stephen Buyer convicted of insider trading
President Trump has granted a pardon to former Congressman Stephen Buyer, who was convicted of insider trading. The pardon was issued without a specific rationale, citing Buyer's distinguished service in the Army and Congress. This decision follows recommendations from numerous current and former lawmakers.
- ▪Stephen Buyer was convicted of securities fraud in 2023 for insider trading while consulting for T-Mobile US.
- ▪He was sentenced to 22 months in prison after being found guilty on four counts of securities fraud.
- ▪The pardon was announced by the White House and was influenced by the advice of 52 members of Congress.
Opening excerpt (first ~120 words) tap to expand
US News Trump pardons former US Congressman Stephen Buyer convicted of insider trading By Reuters Published June 6, 2026, 12:24 a.m. ET See more of our coverage in your search results. Add The New York Post on Google President Trump has pardoned former US Representative Stephen Buyer, an Indiana Republican, who was convicted of securities fraud for engaging in insider trading in 2018 as a T-Mobile US consultant ahead of a $23 billion merger with Sprint. The proclamation, issued on Thursday and announced by the White House on Friday, gave no specific rationale for the pardon other than to assert that Buyer’s service as a US Army judge advocate general and member of Congress “was distinguished and highly productive.” It also said that Trump, in granting Buyer a “full, complete and…
Excerpt limited to ~120 words for fair-use compliance. The full article is at New York Post.