Trump Pardons Former Congressman Stephen Buyer Convicted of Securities Fraud

On June 6, President Donald Trump pardoned former U.S. Representative Stephen Buyer, a Republican from Indiana, who was convicted of securities fraud in 2023. Buyer was sentenced to 22 months in prison for trading stocks based on insider information related to two mergers: T-Mobile's acquisition of Sprint and Guidehouse's purchase of Navigant. According to reports from ABC News and The New York Times, Buyer profited over $330,000 from these trades. In a proclamation from the White House, Trump highlighted Buyer's service as a judge advocate general in the U.S. Army and his tenure in Congress, which began in 1992 and ended in 2010 when he transitioned to consulting. The proclamation also mentioned other current and former members of Congress, including Senators Roger Wicker and Lindsey Graham, and Representatives Pete Sessions and Jack Bergman.