Trump Pardons Former Congressman Stephen Buyer Following Insider Trading Conviction

President Donald Trump has pardoned former Republican congressman Stephen Buyer, who was convicted on four federal charges related to insider trading. The White House announced the pardon, which was less publicized compared to other pardons issued by Trump, including those for individuals involved in the January 6 Capitol riot. Buyer, 67, was sentenced to 22 months in prison in September 2023 and was ordered to forfeit approximately $350,000 and pay a $10,000 fine. Trump's pardon cited Buyer’s military service and his tenure in the House of Representatives from 1993 to 2011. Buyer maintains his innocence and claims the prosecution was politically motivated. The pardon received support from both current and former Republican lawmakers. The announcement of the pardon came after the Supreme Court declined to review Buyer’s conviction in May. Trump has previously pardoned individuals linked to significant donations to his political committees. Reports indicate that Trump is planning to issue additional pardons to commemorate the 250th anniversary of America's independence.