This Morning On The Stephanie Miller Show

Rep. Maxine Waters (D-CA) calls in at 6:30am to talk about her anger at treasury secretary Henry Paulson for changing the terms of the bailout.

CNN’s chief business correspondent Ali Velshi calls in at 7:06am to discuss the possibility and ramifications of an auto industry bailout.

Former Clinton Deputy Attorney General Eric Holder is President-Elect Obama’s choice for Attorney General, according to two prominent Dems involved in transition matters. If confirmed, holder would be the 1st African-American to lead the justice department.

The Senate Dem caucus voted 42-13 yesterday to let Sen. Joe Lieberman (I-CT) continue chairing the Senate Homeland Security Committee. The caucus did, however, strip Lieberman of his spot on the Environment and Public Works Committee.

The longest-serving GOP-er in the U.S. Senate, Alaska Sen. Ted Stevens, lost his re-election effort to Anchorage Mayor Mark Begich, bringing the Dem net gain in the U.S. senate to 7 seats.

Detroit’s big three automakers pleaded with congress yesterday for a $25 billion lifeline to save their companies from collapse, warning of broader peril for the national economy as well.

Members of the House Financial Services Committee, exasperated by shifts in bailout strategy, grilled Treasury Secretary Henry Paulson yesterday for not doing enough to help distressed homeowners.

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