Overview
- President Trump granted a "full, complete and unconditional" pardon to former Indiana Rep. Stephen Buyer in a proclamation dated June 4, removing the federal penalties tied to his conviction.
- Buyer was convicted by a Manhattan jury in 2023 on four counts of securities fraud for trades tied to the T‑Mobile/Sprint and Guidehouse/Navigant deals and was sentenced to 22 months in prison with roughly $350,000 forfeited and a $10,000 fine.
- The proclamation said more than 50 current and former Republican lawmakers, including Sens. Lindsey Graham and Roger Wicker and former House Speaker John Boehner, urged clemency for Buyer.
- Buyer's legal team and supporters call the prosecution politically motivated and Buyer says the pardon corrects an unfair case, while prosecutors and the trial judge pointed to jury findings and court conclusions about his trades and testimony.
- The pardon follows Buyer's 2025 release from prison and the exhaustion of appeals, and it adds to a series of high-profile clemency actions that raise questions about accountability for insider trading and possible changes to rules governing lawmakers' stock trades.