(May 14, 2025)

The revelation of the intertwined scandals captivated Americans. Between the fall of 1986 and the fall of 1987, more than seven out of 10 Americans watched some of the televised congressional hearings about Iran-Contra. But once it became clear that Democrats would not impeach Reagan, public interest waned. Unlike Watergate, when a smoking gun tape implicated President Richard Nixon, to many, the 1980s scandal seemed a blur of byzantine Cold War diplomacy, opaque Swiss bank accounts, and a large cast of forgettable middlemen. The country boxed up the ugly affair and stored it in the attic of its memory.

It did so even as the scandal persisted and investigators indicted dozens of administration officials. In 1988, Reagan’s vice president, George H.W. Bush, won the presidency, and throughout his entire administration, those responsible for Iran-Contra dodged the political and legal consequences of their actions.