Donald Trump has exercised his presidential authority to pardon a former Congressman who was imprisoned for insider trading. Stephen Buyer, a former US representative and Republican figure from Indiana, served a 22-month sentence starting in 2023 for securities fraud related to insider trading in 2018 while working as a consultant for T-Mobile US before the $23 billion merger with Sprint.
The White House announcement did not provide a specific reason for the pardon but highlighted Buyer’s distinguished service as a US Army judge advocate general and member of Congress. Trump issued a “full, complete and unconditional pardon,” following the advice and recommendation of 52 current and former members of the US Senate and House of Representatives as stated in the proclamation.
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