Word: contras
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...lack of aggressiveness in Fiske's investigation and his ties to some members of the Administration. Leading the chorus was Senator Lauch Faircloth of North Carolina, who pointed out last week that former White House counsel Bernard Nussbaum had once recommended Fiske for a job with the Iran-contra independent counsel...
...Treasury Secretary Roger Altman. Today's highlight was a sharp exchange in which White House counsel Lloyd Cutler lashed out at Republican members of the Senate Banking Committee for their partisanship. "You come from a party which while it held the White House was responsible for Watergate and Iran-contra," he said.WHAT NEXT? Expect Altman to resign, says TIME Washington correspondent Suneel Ratan. Others who can be counted "among the walking dead" include Jean Hanson, the Treasury counsel, and hapless diarist Josh Steiner, Treasury Department chief of staff. Also watch for the President's popularity to dip even further...
Dissatisfied with the choices of their parties (Iran-contra figure Oliver North for the Republicans and incumbent Senator Charles Robb for the Democrats), two men are mounting challenges in Virginia's Senate race. Former state attorney general J. Marshall Coleman, a Republican, is already running as an independent, and former Democratic Governor L. Douglas Wilder is expected to announce his formal candidacy soon. Virginians are now assured one of the most contentious, unpredictable campaigns in the nation...
...factious campaign, Oliver North took 55% of the vote and won Virginia's G.O.P. Senate nomination, defeating former Reagan budget director James Miller III. But the former Marine lieutenant colonel, a key Iran-contra figure, may have to face Democratic incumbent Charles Robb without total G.O.P. support. Virginia's Republican Senator John Warner had threatened to back the expected bid of former state Attorney General J. Marshall Coleman, who would run as an independent, in the event of a North victory...
...White House aide Vincent Foster. Just when Fiske will turn over his findings to Congress remains unclear, though the Clintons would probably prefer a release date as far from the 1996 election as possible. In the last comparable presidential inquiry, a subpoenaed former President Ronald Reagan testified about Iran-Contra figure Admiral John Poindexter--on videotape...