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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.
  • House Minority Leader Nancy Pelosi agreed to a deal that limits her tenure as the next speaker of the House to four years in return for the votes to officially install her in the top post in January.
  • 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.
  • 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.
  • A voyaging canoe built to revive the centuries-old tradition of Hawaiian exploration is circumnavigating the globe. Its crew has already traveled 26,000 miles navigating with the sun, stars and waves.
  • The two-time Olympian artistic swimmer from N.Y. will compete for the first time this week since passing out at the Budapest 2022 FINA World Championships last June.
  • A Senate hearing on the coronavirus pandemic follows the day after the U.S. death toll from the coronavirus pandemic topped 200,000 people. The session is underway now.
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