After the arms sales were revealed in November 1986, President Ronald Reagan appeared on national television and denied that they had occurred. However, a week later, on November 13, he returned to the airwaves to affirm that weapons were indeed transferred to Iran. He denied that they were part of an exchange for hostages. It later emerged from minutes of the National Security Advisory Group that Reagan not only knew about sales of weapons at the time, but also that he knew that such sales were illegal. One section of the minutes of a June 1984 meeting has him quoted as saying "If such a story gets out, we'll all be hanging by our thumbs in front of the White House until we find out who did it." <ref> NSPG Minutes, 6/25/84, ALU 007876. </ref> | After the arms sales were revealed in November 1986, President Ronald Reagan appeared on national television and denied that they had occurred. However, a week later, on November 13, he returned to the airwaves to affirm that weapons were indeed transferred to Iran. He denied that they were part of an exchange for hostages. It later emerged from minutes of the National Security Advisory Group that Reagan not only knew about sales of weapons at the time, but also that he knew that such sales were illegal. One section of the minutes of a June 1984 meeting has him quoted as saying "If such a story gets out, we'll all be hanging by our thumbs in front of the White House until we find out who did it." <ref> NSPG Minutes, 6/25/84, ALU 007876. </ref> |