Reagan Faces Crucial Period After Tower Report
President Reagan enters a period of soul searching as he reviews the Tower commission findings on the Iran Contra affair. He plans a nationally televised response and talks with aides and associates to decide his course, amid talk of a White House shakeup and potential replacements for Donald Regan.
MENTIONED IN THIS ARTICLE
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Reagan
Tower Commission
White House
Donald T. Regan
Regan
Paul Laxalt
Nevada
Transportation
Drew Lewis
Energy
John Herrington
Treasury
James A. Baker III
Lewis
Laxalt
Tower Report
NSC system blamed for Iran arms initiative failure
Tower commission faulted President Reagan and top NSC figures for failing to subject the Iran initiative to rigorous review. Oliver North and White House aides were blamed for operating outside proper channels. The report cited missed chances after hostage releases and a 1985 Israel‑Iran arms shipment, urging more frequent, formal NSC consideration.
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Washington
National Security Council
NSC
Tower Commission
Reagan
Donald Regan
White House
Regan
Oliver L. North
U.S
Septem
Iran
Iran-Contra private network criticized in Tower report
The Tower commission faults Oliver North for relying on a private network run by retired Gen Richard Secord and others. It notes questionable credentials, profit motives, and four Swiss Lake Resources accounts used to channel overcharges from Iran arms sales in 1986. It cites $10 million claimed by Adnan Khashoggi and others as owed, says CIA support was limited, and labels the operation amateurish and secretive.
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Washington
Oliver L. North
Tower Commission
Commission
Air Force
Richard V. Secord
U.S
Iran
Adnan Khashoggi
North
National Security Council
Nicaragua
CIA
Secord
NSC
John Tower
Texas
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