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  • Top Fannie Mae executives defend the company's accounting practices in Congress. CEO Franklin Raines denied allegations the company had manipulated its books, telling lawmakers the controversy at the mortgage giant stems from different ways to interpret complex accounting rules. NPR's Jack Speer reports.
  • The top U.S. arms inspector contradicts the Bush administration's pre-war claims that Iraq had WMDs. After a 16-month investigation, Charles Duelfer concluded Saddam Hussein did not have the weapons but aspired to build them.
  • Given the proliferation of year-end Top 10 lists, it seems natural that Shadow Classics — which gives shelter to under-appreciated music — would feature its own list of 2006 recordings likely to become Shadow Classics down the line. Don't let these gems go unnoticed.
  • Historian Douglas Brinkley considers Ronald Reagan one of the top five American presidents of the 20th century. Brinkley is the editor of The Reagan Diaries.
  • Missouri's top race is an open contest for U.S. Senate following the retirement of Republican Roy Blunt.
  • Detroit Mayor Kwame Kilpatrick accepted a plea agreement, stepped down from office and will serve jail time. He pleaded guilty to two felony obstruction charges stemming from a scandal involving a cover-up of an alleged affair with his former top aide.
  • Eunju Namkung's family thinks she's a broken gourd. The New York City high school senior received a top honor for her essay, "Broken Gourd" from this year's Scholastic Art and Writing Awards. In her essay, she explores her relationship with her Korean parents, who do not speak English.
  • Detroit Mayor Kwame Kilpatrick has been charged on eight counts, including perjury, after explicit text messages contradicted his sworn denials of an affair with a top aide. Kilpatrick refuses to step down and says he expects to be exonerated. Detroit Public Radio's Noah Ovshinsky reports.
  • CIA director Michael Hayden says the agency destroyed videotapes of its interrogations of two top al Qaida suspects, made in 2002. Philip Zelikow, executive director of the 9/11 Commission, had hoped to review the tapes.
  • Recent studies suggest we're not witnessing the dawn of a new gig economy. What accounts for the resilience of traditional employment?
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