President Donald Trump on Thursday granted a pardon to former U.S. Representative Stephen Buyer, who had been sentenced to 22 months after a conviction for insider trading tied to his 2018 consulting work for T-Mobile US Inc.
The alleged misconduct occurred ahead of T-Mobile’s $23 billion merger with Sprint; the White House announced the pardon on Friday.
The original reporting was filed by Reuters reporters Steve Gorman and Christian Martinez and edited by Kim Coghill.
President Donald Trump on Thursday granted a pardon to former U.S. Representative Stephen Buyer, who had been sentenced to 22 months in prison after his conviction for insider trading tied to consulting work with T-Mobile US Inc. The White House announced the pardon on Friday.
What Happened: Buyer was convicted over transactions linked to his 2018 work as a consultant to T-Mobile ahead of the company’s $23 billion merger with Sprint. He received a 22-month federal prison sentence following the conviction.
Timing: The pardon was issued on Thursday; the White House made the public announcement the following day, on Friday.
Context: Pardons for high-profile figures often draw scrutiny and debate about accountability for white-collar crimes. Supporters of clemency argue for mercy or rehabilitation, while critics say pardons in such cases can undermine the rule of law.
Reporting: Reporting by Steve Gorman and Christian Martinez; Editing by Kim Coghill.
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