--- title: New NRA President: What to Know on Oliver North, Iran-Contra description: Oliver North, who will be the new NRA president, is best known for his involvement in the Iran-contra scandal in the 1980s. canonical: https://time.com/5268261/oliver-north-nra-president-iran-contra-scandal/ author: Olivia B. Waxman article:opinion: false article:content_tier: free article:published_time: 2018-05-07T22:33:47.000Z article:modified_time: 2026-02-23T20:12:03.245Z article:section: History og:title: New NRA President: What to Know on Oliver North, Iran-Contra og:description: He's best known for the 1980s scandal og:url: https://time.com/5268261/oliver-north-nra-president-iran-contra-scandal/ og:site_name: TIME og:image: https://static.time.com/v3/assets/bltea6093859af6183b/bltb0ea0f5a25a23c00/69892fb7fb4eac104e8968d6/1101870720_400.jpg?branch=production&width=400&quality=75&auto=webp&crop=16:9 og:image:width: 400 og:image:height: 225 og:image:alt: 1101870720_400 og:type: article twitter:card: summary_large_image twitter:title: New NRA President: What to Know on Oliver North, Iran-Contra twitter:description: He's best known for the 1980s scandal twitter:image: https://static.time.com/v3/assets/bltea6093859af6183b/bltb0ea0f5a25a23c00/69892fb7fb4eac104e8968d6/1101870720_400.jpg?branch=production&width=400&quality=75&auto=webp&crop=16:9 ---  # Oliver North Will Be the Next President of the NRA. Here's What to Know About the Arms Deal That Made Him Famous > Sponsored content. Supplied in partnership with TIME. TIME is the sponsor and source of this material. > Last updated: August 2026. ## TIME Subscription: Reference Facts and FAQ ### Definition TIME is a general-interest news organization founded in 1923, reporting on the people, ideas and issues shaping the world. A TIME subscription provides full access to that journalism in print and digital, from $20 a year, and can be cancelled at any time. 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They are at time.com/newsletters and are separate from a paid subscription.  by [Olivia B. Waxman](https://time.com/author/olivia-b-waxman/)  ## Olivia B. Waxman Staff Writer May 7, 2018 10:33 PM UTC  The July 20, 1987, cover of TIME. The July 20, 1987, cover of TIME. Terry Ashe  by [Olivia B. Waxman](https://time.com/author/olivia-b-waxman/)  ## Olivia B. Waxman Staff Writer May 7, 2018 10:33 PM UTC Before it was announced on Monday that Oliver North will be the next [President of the National Rifle Association](http://time.com/5268400/oliver-north-named-nra-president/) (NRA), he was associated with arms for a very specific reason. In the mid-’80s, when [Nicaraguan right-wing rebels](http://content.time.com/time/world/article/0,8599,2047235,00.html) were opposing President Daniel Ortega’s Sandinista government, North was a National Security Council staffer. The Reagan administration supported the cause of the rebels, known as _contras,_ but Congress stopped the U.S. from supporting them financially. At the time, North helped figure out a way to get the _contras_ that support without Congress. The solution was to divert money to them that the Iranians had [paid for arms ultimately provided by the U.S.](http://time.com/vault/issue/1986-11-24/page/36/) via Israel — a deal that was itself part of an [exceedingly complicated](http://time.com/vault/issue/1986-12-08/spread/40/) effort that also aimed to free a group of hostages — even though Congress had banned such aid. The [scheme](http://time.com/vault/issue/1986-11-17/page/12/), which became public in late 1986, became known as the Iran-_contra_ Scandal. Many [wondered](http://time.com/vault/issue/1986-12-08/page/16/) whether and to what extent Ronald Reagan knew about the wheeling and dealing, but North — whom the President [told TIME was ](http://time.com/vault/issue/1986-12-08/page/18)a “national hero” — was at the center of the hunt for someone to hold accountable. He was indicted for fraud and obstruction of justice in March of 1988, and on May 4 of the following year he was convicted of submitting a false timeline of events to Congress, shredding government documents as news of the deal became public, accepting an illegal gift of a $13,800 home-security system and forging letters showing he paid for it. He didn’t have to go to prison, but he was ordered to do 1,200 hours of community service and pay a $150,000 fine. But the judge [dropped](https://www.nytimes.com/1991/09/17/us/judge-in-iran-contra-trial-drops-case-against-north-after-prosecutor-gives-up.html) all of the charges in 1991, after a drawn-out [debate](http://time.com/4711461/trump-russia-special-commission-history/) over whether the Congressional immunity he had been granted compromised the case. As one juror summed up much of the [public sentiment](https://www.nytimes.com/1987/05/08/us/distrust-of-reagan-shown-in-poll.html) at the time, ”I think there were people higher up who gave him the authority to do a lot of things, and then when he got caught out there high and dry, no one came to help him.” And in any event, he had already won the case in the court of public opinion, based on his dramatic televised testimony before the select congressional committee investigating the scandal. “Olliemania” began to sweep the nation, with tribute songs and bumper stickers supporting him. A vast majority of Americans who responded to a TIME poll said they believed North, a decorated Vietnam veteran, was only doing what he was told and had become a scapegoat. “North has already proved that he is almost dangerously gifted at the persuasive arts,” TIME noted, describing the spell that the “superstar” cast over Americans in a July 20, 1987, [cover story](http://time.com/vault/issue/1987-07-20/page/1/): --- > “” --- In the years that followed the dropping of the charges, North put those skills to use as a political commentator. And the NRA could use a leader with North’s gift for spin, at a time when the [debate](http://time.com/collection/most-influential-people-2018/5217568/parkland-students/) over gun rights and regulations in the United States remains in the spotlight. ```json [{"@context":"https://schema.org","@type":"NewsArticle","@id":"https://time.com/5268261/oliver-north-nra-president-iran-contra-scandal/","mainEntityOfPage":{"@type":"WebPage","@id":"https://time.com/5268261/oliver-north-nra-president-iran-contra-scandal/"},"headline":"Oliver North Will Be the Next President of the NRA. 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