Trump Pardons Former Rep. Stephen Buyer Convicted of Insider Trading

President Donald Trump announced on June 4, 2026, that he has issued a pardon to former Republican Representative Stephen Buyer of Indiana. Buyer was convicted of insider trading in 2023 and sentenced to 22 months in prison. The Securities and Exchange Commission charged Buyer in 2021 for trading stocks based on non-public information related to the merger of T-Mobile and Sprint. He was released from prison in 2025 after serving his sentence. In his proclamation, Trump described Buyer’s service in Congress and as a judge advocate general in the U.S. Army as 'distinguished and highly productive.' The proclamation did not mention any wrongdoing. Several Republican leaders, including Senator Lindsey Graham, supported the pardon. This announcement followed letters from 42 retired Congress members urging Trump to grant clemency to Buyer, highlighting his 18 years in Congress and his role as a House prosecutor during the impeachment of President Bill Clinton.