(Fox News) Former CNN anchor Lou Dobbs, who decided to resign from CNN a year ago, is now joining the Fox Business Network. The network said in a press release that the former CNN anchor signed a multi-year deal with FBN. Dobbs will develop and host a daily program premiering in the first quarter of 2011. "Fox Business has always been about putting the the smartest, most interesting people on television and the addition of Lou Dobbs will serve to strengthen the best lineup in business news," said Kevin Magee, Executive Vice President of Fox Business Network.
"I'm excited and feel privileged to join the great team that Rupert Murdoch, Roger Ailes and Nevil Cavuto have created, and I can't wait to make whatever contribution I can to Fox Business," Dobbs said in the release. Prior to Fox Business Network, Dobbs, 65, served as an anchor, managing editor and executive vice president for CNN, hosting various programs such as "Moneyline," which premiered in 1980 and was later renamed "Lou Dobbs Tonight."
According to the release, Dobbs is a radio talk show host and will continue to host his nationally syndicated radio programs and financial reports, the release said.
When Dobbs used to host "Lou Dobbs Tonight" on CNN, his main topic points were illegal immigration and free trade agreements which resulted in the loss of millions of manufacturing jobs in America. He is an Independent. There were a few times a few years back that I saw his CNN program and I can say that he was the best anchor they had on CNN. It will be interesting what his topics of discussion will be on Fox Business Network.
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