Trump pardons Stephen Buyer: President Donald Trump has pardoned former U.S. Representative Stephen Buyer who was convicted of securities fraud for engaging in insider trading in 2018 as a T-Mobile US consultant ahead of a $23 billion merger with Sprint. Buyer was sentenced to 22 months in prison in 2023 for trades made while working as a consultant and lobbyist. He was ordered to forfeit more than USD 3,50,000, representing the amount of the illegal gains, and pay a USD 10,000 fine. He was released in 2025.
The proclamation, issued on Thursday and announced by the White House on Friday, gave no specific rationale for the pardon other than to assert that Buyer's service as a U.S. Army judge advocate general and member of Congress "was distinguished and highly productive."
