President Trump Pardons Former Congressman Stephen Buyer Convicted of Insider Trading
President Trump has issued a pardon for Stephen Buyer, a former U.S. Representative from Indiana, who was convicted of securities fraud related to insider trading. Buyer, who served in Congress from 1993 to 2011, was found guilty in March 2023 for making illegal trades as a consultant for T-Mobile US during its merger talks with Sprint in 2018. The pardon, announced by the White House, did not provide a specific rationale but highlighted Buyer's distinguished service as a U.S. Army judge advocate general and a member of Congress. The decision was reportedly influenced by the advice and recommendation of 52 current and former members of Congress.