In the wake of the Iran-contra fiasco, the President moved last week to head off congressional efforts to restrict his power to conduct covert activities. In a formal announcement made in the Oval Office on Friday, Reagan promised that he would notify Congress of such initiatives within 48 hours, barring the "most exceptional circumstances."
The President unveiled a six-point agreement laboriously negotiated between National Security Adviser Frank Carlucci and the Senate Intelligence Committee. Key provisions: that all orders for covert operations be written and made available to National Security Council members, including the Secretaries of State and Defense; that Congress be...