Trump issues pardon to former Republican congressman convicted of insider trading

President Donald Trump issued a pardon to Stephen Buyer, a former Republican congressman who served nearly two years in prison for 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.

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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 fine. He was released in 2025.

The Supreme Court in May rejected Buyer’s appeal without comment or noted dissent.