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Iran Arms Scandal #307789

CBS Evening News for Tuesday, Dec 16, 1986
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(Studio: Dan Rather) Today's developments in Iran arms scandal summarized.

(DC: Phil Jones) Chief of staff Don. Regan's testimony before Senate Intelligence Committee discussed; scenes shown. [REGAN - describes session; denies knowledge of diversion of funds from Iranian arms sales to Nicaraguan Contras or any wrongdoing in general; claims Colonel Oliver North was not authorized to divert funds.] [Senator David DURENBERGER - doesn't believe President Reagan was aware of events.] [Senator Dennis DeCONCINI - questions President's credibility.] [Senator David BOREN - wants Regan to resign.] Secretary State George Shultz mentioned testifying again today; Shultz recalled claiming he only learned of operation from Attorney General Edwin Meese. National Sec. Council member Howard Teicher, who resigned today, said also testifying.

(DC: Bill Plante) President reported asking Senate Intelligence Committee to grant North and John Poindexter limited immunity in exchange for their testimony; scenes shown. [Press spokesperson Larry SPEAKES - explains Reagan's motive.] Immunity process explained. [Senators Patrick LEAHY, DURENBERGER - oppose granting immunity.] [Watergate prosecutor Richard BEN-VENISTE - thinks President's recommendation violates spirit of special cnsl.'s task; explains.] [Senator Richard LUGAR - wants scandal resolved by Christmas.] [Nancy REAGAN - claims husband wants North and Poindexter to testify.] [NORTH - jokes about immunity.] New NSC adviser Frank Carlucci noted reorg. cncl.; details given.

(Studio: Dan Rather) Report introduced.

(DC: Bruce Morton) Historical role of Senator select committee formed to investigate Iran arms scandal examined; scenes shown. [Senator Robert BYRD - believes nation's international credibility is at stake.] [Former Watergate cnsl. Fred THOMPSON - notes select cmtes. are only called during unusual times.] Representative Dan. Inouye said named committee 's chairperson with members identification as Senators Paul Sarbanes, William Cohen, George Mitchell, Sam Nunn, Howell Heflin, David Boren, Warren Rudman, James McClure, Orrin Hatch, Paul Trible. [RUDMAN, MITCHELL - hope for expediency.] [HEFLIN - doesn't want investigation limited in any way.] [THOMPSON, former Watergate cnsl. Rufus EDMISTEN - comment.] Roles of select cmtes. in Watergate recalled.

Jones, Phil;
Morton, Bruce;
Plante, Bill;
Rather, Dan

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