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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.
  • Pakistani troops continue to battle with al Qaeda and tribal leaders along the border between Pakistan and Afghanistan. Pakistani officials say they believe a top deputy of Osama bin Laden, Egyptian-born Ayman al-Zawahiri, is trapped there. Hear NPR's Robert Siegel and New York Times reporter David Rohde.
  • 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.
  • 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.
  • 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.
  • As the New Year's Eve deadline approaches, the two sides are still trying to negotiate a deal to avert major economic and trade disruptions. Here are some of the top issues at play.
  • New research suggests allergies to sesame are comparably prevalent as those to some tree nuts. The findings come as the FDA weighs whether to require sesame to be listed as an allergen on food labels.
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