Former U.S. Rep. Stephen Buyer, left, trails his lawyer as he leaves Manhattan federal court after pleading not guilty to charges that he participated in an insider trading scheme while working as a consultant, July 27, 2022, in New York.

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Khaleda Rahman

By Khaleda Rahman

National Correspondent

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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 fine. He was released in 2025.

In granting "a full, complete, and unconditional pardon," Trump cited Buyer’s career as a judge advocate general in the Army and in the House that was "distinguished and highly productive." The pardon was dated Thursday and released by the White House late Friday.

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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.

Buyer, 67, was convicted in connection with insider trading involving the $26.5 billion merger of T-Mobile and Sprint, announced in April 2018, and illegal trades in the management consulting company Navigant when his client Guidehouse was set to acquire it in a deal publicly disclosed weeks later.

The Constitution gives a president broad power to grant pardons for federal crimes. The pardons do not erase a recipient’s criminal record but can be seen as act of mercy or justice. So far in his second term, the president has flexed that power to bestow clemency on many of his political allies and prominent public figures.

Former U.S. Rep. Stephen Buyer, left, trails his lawyer as he leaves Manhattan federal court after pleading not guilty to charges that he participated in an insider-trading scheme while working as a consultant, July 27, 2022, in New York.

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Below is a list of pardons or commutations that have been granted during Trump's second term so far, according to the record maintained by the Department of Justice's Office of the Pardon Attorney.

Pardons Issued In Trump’s Second Term

January 2025

February - March 2025

April–May 2025

November 2025

December 2025

January 2026

February 2026

Commutations Issued in Trump's Second Term

March 2025

May 2025

October - December 2025

January 2026

This article includes reporting by The Associated Press.

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