Editing Michael Milken (section)

===Presidential pardon===
[[File:2020-02-18 Trump padron for Michael Robert Milken-milken-michael robert pardon warrant 2.18.20.pdf|thumb|February 2020 pardon granted by Donald Trump]]
In June 2018, it was reported that some of president [[Donald Trump]]'s supporters and friends, including [[Kevin McCarthy]], [[Rupert Murdoch]], [[Sheldon Adelson]], [[Elaine Chao]], and [[Rudy Giuliani]], the onetime federal prosecutor whose criminal investigation led to Milken's conviction, were urging the president to pardon Milken.<ref>{{Cite web|last=Mangan|first=Dan|date=February 18, 2020|title=Trump pardons Michael Milken, face of 1980s insider trading scandals|url=https://www.cnbc.com/2020/02/18/trump-pardons-michael-milken-face-of-1980s-financial-scandals.html|access-date=November 29, 2021|website=CNBC|language=en}}</ref> Milken's attempts to secure a presidential pardon spanned multiple administrations.<ref>{{Cite news |first1=Greg |last1=Farrell |first2=Katherine |last2=Burton |first3=John |last3=Gittelsohn |url=https://www.bloomberg.com/news/articles/2018-06-15/trump-insiders-are-said-to-seek-pardon-for-milken-king-of-junk |title=Trump Insiders Seek Pardon for 'Junk Bond King' Michael Milken |work=[[Bloomberg.com]] |date=June 15, 2018 |access-date=June 18, 2018 |language=en |archive-date=June 15, 2018 |archive-url=https://web.archive.org/web/20180615175217/https://www.bloomberg.com/news/articles/2018-06-15/trump-insiders-are-said-to-seek-pardon-for-milken-king-of-junk |url-status=live }}</ref>

On February 18, 2020, Trump granted a full pardon to Milken.<ref>{{cite news |url=https://www.washingtonpost.com/politics/trump-grants-clemency-to-former-nypd-commissioner-bernie-kerik-financier-michael-milken/2020/02/18/566e9f78-5280-11ea-80ce-37a8d4266c09_story.html |title=Trump grants clemency to former NYPD commissioner Bernie Kerik, financier Michael Milken |date=February 18, 2020 |access-date=February 18, 2020 |newspaper=The Washington Post |agency=[[Associated Press]] |archive-date=February 20, 2020 |archive-url=https://web.archive.org/web/20200220094926/https://www.washingtonpost.com/politics/trump-grants-clemency-to-former-nypd-commissioner-bernie-kerik-financier-michael-milken/2020/02/18/566e9f78-5280-11ea-80ce-37a8d4266c09_story.html |url-status= }}</ref><ref>{{cite news |last1=Baker |first1=Peter |last2=Haberman |first2=Maggie |last3=Shear |first3=Michael D. |title=Trump Commutes Corruption Sentence of Governor Rod Blagojevich of Illinois |url=https://www.nytimes.com/2020/02/18/us/politics/trump-pardon-blagojevich-debartolo.html |access-date=February 18, 2020 |newspaper=The New York Times |date=February 18, 2020 |archive-date=February 18, 2020 |archive-url=https://web.archive.org/web/20200218184524/https://www.nytimes.com/2020/02/18/us/politics/trump-pardon-blagojevich-debartolo.html |url-status=live }}</ref> However, his previous trading license which he lost following his conviction still remained void, and he would still have to reapply and obtain a new trading license in order to return to trading securities.<ref>{{cite news|url=https://www.foxbusiness.com/business-leaders/junk-bond-king-could-go-back-to-wall-street-after-presidential-pardon|title=Milken, 'Junk Bond King,' could return to Wall St. after Trump pardon|website=Fox Business|date=February 18, 2020|access-date=February 19, 2020|archive-date=February 19, 2020|archive-url=https://web.archive.org/web/20200219145010/https://www.foxbusiness.com/business-leaders/junk-bond-king-could-go-back-to-wall-street-after-presidential-pardon|url-status=live}}</ref>