Describe the problem that the Iran-Contra scandal posed for President

Describe the problem that the Iran-Contra scandal posed for President Reagan and his administration. Who did what and why?

What will be an ideal response?

ANSWER
Members of the National Security Council and its staff, notably Oliver North, arranged to sell U.S. arms to Iranian officials, hoping to influence the succession to Ayatollah Khomeini’s government. The money received in payment for the arms was funneled to the anticommunist Contras in Nicaragua, thus continuing U.S. aid that Congress had ordered stopped.