Trump pardons former Indiana Rep. Stephen Buyer in insider trading case
Trump pardons Stephen Buyer after insider trading conviction and prison sentence See the case details, the trades at issue, and why lawmakers backed clemency
The White House said on Thursday that President Donald Trump granted a full and unconditional pardon to former Republican Rep. Stephen Buyer of Indiana, who was convicted in 2023 of insider trading.
Buyer, who served in Congress from 1993 to 2011 and once chaired the House Veterans' Affairs Committee, had been sentenced to 22 months in prison after a jury found he used nonpublic information to make stock trades after leaving office. The White House said the pardon was backed by more than 50 current and former lawmakers.
The case involved trades tied to Navigant and Sprint, including allegations that Buyer acted on information about Sprint's planned merger with TMobile. The pardon directs Acting Attorney General Todd Blanche to issue the certificate immediately.