Trump pardons former US Congress member accused of insider trading

United States 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.

The pardon was dated Thursday and released by the White House late Friday night.

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, as well as pay a $10,000 fine. He was released in 2025.

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

In granting “a full, complete, and unconditional pardon” to Buyer, Trump cited the Republican’s work, both as a judge advocate general in the US army and as a politician in the US House. Trump described his career as “distinguished and highly productive”.

Buyer said the pardon “corrects a politically motivated prosecution” and that it was “horrific to be imprisoned for a crime that I did not commit”. He maintains that he is innocent.

Trump used his Truth Social media platform on May 31 to share a pair of letters requesting a presidential pardon for Buyer, a lawyer and Gulf War veteran who left office in 2011.

He was a House prosecutor at Democratic President Bill Clinton’s 1998 impeachment trial, and in 2016, he served on Trump’s transition team, focusing on veterans’ issues.