Trump Pardons Former Rep. Stephen Buyer, Convicted of Insider Trading Securities Fraud
The June 4 action restores voting, jury service, federal office, and firearm rights removed by Buyer’s securities-fraud conviction.
msnbc.comPresident Donald J. Trump granted a full pardon to Stephen E. Buyer on June 4, 2026. The proclamation was issued in Washington under Article II, Section 2 of the Constitution. Buyer represented Indiana’s 4th and 2nd congressional districts from 1993 to 2011 and later served as House Veterans’ Affairs Committee chairman.
After leaving office he faced federal charges and was convicted of securities fraud for trading stock related to two deals before the information became public. The pardon restores Buyer’s right to vote, serve on a jury, hold federal office, and possess firearms. It also removes other collateral consequences of the conviction and nullifies the legal disabilities that followed the verdict.
The action takes effect immediately. Federal agencies that impose collateral consequences based on the conviction must now treat Buyer as pardoned, and courts, licensing boards, and background-check systems will update their records accordingly. The pardon ends any remaining federal bar on Buyer’s participation in government contracts and lifts lobbying restrictions tied to the conviction.
It clears the way for Buyer to seek restoration of state-level rights that automatically followed the federal conviction. Congress and executive agencies retain authority over separate statutory disqualifications not covered by the pardon. This is the latest clemency action taken by Trump in 2026.
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