Trump Pardons Former Rep. Steve Buyer, Convicted of Insider Trading on a T-Mobile–Sprint Tip

On June 4, 2026, President Trump signed a proclamation granting a 'full, complete, and unconditional pardon' to former Republican Rep. Stephen E. Buyer of Indiana. A federal jury convicted Buyer on March 10, 2023 of four counts of securities fraud after prosecutors showed he learned from a T-Mobile executive during a March 2018 golf outing that the company planned to acquire Sprint, then bought roughly $568,000 of Sprint stock before the deal was announced. He was sentenced to 22 months in prison, ordered to forfeit $354,027 and fined $10,000.

The proclamation names no offense and gives no case-specific justification. It cites Buyer's service as an Army Judge Advocate General officer and member of Congress as 'distinguished and highly productive,' and lists endorsements from 57 current and former officials. Clemency granted on the strength of colleagues' endorsements rather than a stated finding about the conviction leaves the record without a public rationale tied to the case.

The pardon was published in the Federal Register on June 10, 2026.