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  • Rep. Martin Frost (D-TX) announces he will run to succeed Rep. Richard Gephardt (D-MO) as House minority leader. Gephardt said Wednesday he's giving up the post. Rep. Nancy Pelosi (D-CA) is also expected to run for minority leader. NPR News reports.
  • Rep. Dick Gephardt (D-MO) is expected to announce that he will no longer serve as House Democratic leader. Gephardt's decision comes after midterm elections in which Democrats lost seats in the House of Representatives. NPR's Bob Edwards speaks with NPR's Cokie Roberts.
  • Federal Reserve Board policy makers meet today in Washington, D.C. After a series of interest rate cuts last year, the Fed has kept rates at their current levels since December. But many economists expect the Fed to cut interest rates after today's meeting. NPR's Jack Speer reports.
  • Federal authorities transfer custody of Washington, D.C.-area sniper suspects John Allen Muhammad and John Lee Malvo to Virginia. The two will face trial separately in state court in two different counties. NPR's Barbara Bradley Hagerty reports.
  • Rep. Nancy Pelosi (D-CA) and Rep. Martin Frost (D-TX) emerge as candidates to take over the House minority leader's job. Rep. Richard Gephardt (D-MO) is giving up the post. Hear Rep. Richard Gephardt and NPR's David Welna.
  • Dockworkers and cargo carriers agree on union jurisdiction over cargo-tracking jobs -- a central issue in a dispute that closed 29 West Coast ports for 10 days this fall and has slowed delivery of holiday goods. NPR's Elaine Korry reports.
  • The U.N. Security Council unanimously passes a resolution demanding that Iraq disarm and ordering new weapons inspections. The U.N.'s 60-day timeline for inspections could delay possible U.S. military action against Iraq. Hear NPR's Vicky O'Hara and Tom Gjelten.
  • Rep. Marcy Kaptur (D-OH) joins the race to become House minority leader, emphasizing campaign finance reform. Rep. Nancy Pelosi (D-CA) appears to be the frontrunner in a competition that also includes Rep. Harold Ford, Jr. (D-TN). NPR's David Welna reports.
  • Iraq accepts the terms of a U.N. resolution ordering it to disarm and to permit new arms inspections, but denies it has any weapons of mass destruction. An advance team of U.N. arms inspectors will go to Baghdad Monday. NPR's Vicky O'Hara reports.
  • The FBI says hospitals in four major U.S. cities might be the target of terrorists. Authorities say threats indicate that attacks could occur between December and April in Washington, D.C., San Francisco, Houston and Chicago. Jason Lopez reports.
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