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Today in True Crime

May 5, 1987: Iran-Contra Joint Hearings

Today in True Crime

Parcast

Education, True Crime, History

4.42.4K Ratings

🗓️ 5 May 2020

⏱️ 12 minutes

🧾️ Download transcript

Summary

On this day in 1987, Congress commenced a joint hearing to investigate the Reagan administration’s illegal funding of the Contras, a guerilla military group in Nicaragua. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0

Today is Tuesday, May 5th, 2020.

0:07.0

On this day in 1987, Congress commenced a joint hearing

0:11.4

to investigate the Reagan administration's

0:13.6

illegal funding of the Contras, a guerrilla military group in Nicaragua.

0:19.1

The scandal known as the Iran-Contra affair would send Washington into a tail spin and haunt Reagan

0:26.6

for the rest of his presidency. Welcome to today in True Crime, a parcast original.

0:39.4

Today we're covering the Iran Contra affair and the 41-day joint hearing that exposed every

0:46.2

intricate detail of the scandal. Let's go back to Washington DC on the morning of

0:51.4

May 5th just before the first hearing convened.

0:57.0

As Democratic Senator Daniel Inouye made his way to Capitol Hill, he passed droves of reporters

1:09.8

camped out along the National Mall. He passed beneath a giant glass booth strapped to the roof of a nearby

1:16.8

building. It was for Dan Rather, who wanted to cover the joint hearings on live television, the iconic domed roof of Capitol Hill behind

1:26.6

him.

1:27.6

To call this hearing a media circus was an insult to P.T. Barnum. This was a free-for-all. But Senator Inoue had expected this. In a few minutes time

1:38.8

the entire country would watch as he launched an investigation into Ronald Reagan, one of the most popular

1:46.1

presidents in US history. The air was so tense you could pluck it like a guitar string.

1:53.0

Months ago, the attorney general had uncovered a secret arms deal with Iran

1:58.0

and the illegal funding of an insurgency in Nicaragua.

2:02.0

The media had had a field day.

2:04.8

The American people were shocked.

2:06.9

An investigation had been called,

2:08.9

led by Republican Senator John Tower.

...

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