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Trump issued pardon to former Indiana Rep. Steve Buyer convicted of insider trading
Trump cited Buyer’s military service and 50-plus endorsements in granting the pardon after his 22-month insider-trading sentence.
- President Donald Trump granted a full, unconditional pardon to former Indiana Congressman Steve Buyer, citing his service as a judge advocate general in the Army and his tenure in the House from 1993 to 2011.
- Buyer served 22 months in prison after his 2023 conviction for insider trading during a $23 billion merger between T-Mobile and Sprint, using confidential information from his consulting work to purchase shares before the deals closed.
- More than 52 current and former lawmakers endorsed the pardon, while over 40 former Republicans claimed Buyer was "targeted by the deep state" because of his role in President Bill Clinton's 1998 impeachment trial.
- Buyer claimed the pardon "corrects a politically motivated prosecution," calling it "horrific to be imprisoned for a crime that I did not commit." He maintained his innocence throughout.
- The pardon draws scrutiny as Trump faces criticism over his own stock trades; Eric Trump, an executive of the Trump Organization, dismissed concerns, stating that financial institutions manage investment decisions.
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Trump issues pardon to former Republican congressman who made $350,000 in illegal gains from insider trading
President Donald Trump has issued a pardon to Stephen Buyer, a former Republican congressman from Indiana who served nearly two years in prison for making illegal stock trades based on inside information after he left office. 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 $350,000, representing the amount of the illegal gains, and pay a $10,000 fi…
·New York, United States
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Coverage Details
Total News Sources56
Leaning Left12Leaning Right12Center28Last UpdatedBias Distribution54% Center
Bias Distribution
- 54% of the sources are Center
54% Center
L 23%
C 54%
R 23%
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