Lou Dobbs Hired by Fox Business Network


Lou Dobbs, the news anchor who hosted shows on CNN for many years before parting ways over certain opinionated elements of his program, has signed a multi-year deal with Fox Business Network. According to a statement by FBN vice-president Kevin Magee, Dobbs will "develop and host a new daily program premiering in the first quarter of 2011. He will also make appearances across a variety of FBN programs to provide analysis and commentary on business news of the day." The "multi-year" aspect of the deal will likely throw water on the hopes of those people who thought he would be a good political candidate in 2012. Though his spokesman confirmed recently that Dobbs was considering a Senate run that year as an "intermediary step" toward the White House, a daily television gig would probably bar him from engaging in a race.

Related: 127 Minutes with Lou Dobbs [NYM]