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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.

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 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.

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.

NBC News' top-rated Nightly News with Brian Williams draws a modest number of Hispanics, compared with the population at large. Network executives see that as a growth opportunity, and they're turning to their Spanish-language sister network, Telemundo, for help in realizing it.

A group of students from South Floyd Middle School had seen the nearby elementary school suffer damage from floods year after year. When they joined the…