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The rapper, Joseph Cartagena, known by his stage name 'Fat Joe,' pled guilty to tax evasion charges in a New Jersey Federal court on Thursday, Dec. 19. The 42-year-old rapper could face up to two years in prison for failing to pay over $3 million in taxes over a course of two years between 2007 and 2008.

The brother of Bernie Madoff, Peter Madoff, was sentenced to ten years in prison on Thursday by U.S. District Court Judge Laura Taylor for his role in the multibillion dollar Ponzi scheme perpetrated by his brother.

President addressed the White House in light of the Sandy Hook Elementary School shooting, urging lawmakers that the national debate over gun-control has '"re-emerged." President Obama announced that he supports a ban on assault weapons, as well as military style rifles and large ammunition magazines.