Brian Williams Suspended 6 Months Without Pay

It's been confirmed. NBC "Nightly News" anchor Brian Williams has been suspended for six months without pay for misleading the public about his experiences covering the Iraq war.

NBC chief executive Steve Burke said that Williams' actions were inexcusable and jeopardized the trust he has built up with viewers during his decade as the network's lead anchor. But he said Williams deserved a second chance.

Williams apologized last week for saying he was in a helicopter that was hit by a grenade while covering the war in 2003. Instead, he was in a group of helicopters and another was hit, and some veterans involved in the mission called him out on it.

NBC News President Deborah Turness said its investigation into Williams' statements is continuing.

Lester Holt, who has been filling in for Williams this week, will continue as the substitute anchor in Williams' absence.