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Chris Wallace signs new contract at Fox News

Fox News Tuesday announced a new multi-year contract for Chris Wallace to continue as anchor of "Fox News Sunday," the top-rated cable channel's Sunday morning public affairs program.

"Chris is a consummate journalist who is renowned in the industry for his hard-hitting interviews. We're proud he is continuing that work at Fox News," Michael Clemente, senior vice president for news at Fox, said in making the announcement.

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Wallace has won three Emmys, a Peabody and the DuPont Silver Baton award. Prior to joining Fox, Wallace worked for ABC News and NBC News. He was chief White House correspondent at NBC News from 1982-'89.

Wallace, who joined Fox News in 2003, has made his mark at the channel with his hard-hitting interviews and wide-ranging political knowledge and insights.

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"I am delighted to know where I'm going to be spending my Sunday mornings for the next few years--and to be part of an outstanding FOX News team covering the changing balance of power in Washington, the 2012 Presidential election, and beyond," Wallace said in a statement Tuesday.

Beyond his interviewing, Wallace presides over one of the most informed and lively panel discussions on Sunday morning television -- with Juan Williams, Brit Hume, Bill Kristol and Mara Liasson.

You can follow his Wallace Watch blog here.

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