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Brian Williams given chance to ‘earn back everyone’s trust’

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NEW YORK (CNNMoney) — Brian Williams “has the chance to earn back everyone’s trust,” his boss at NBC News said Thursday, as the network confirmed that Williams will return to television later this summer, but in a reduced role.

NBC also confirmed that Lester Holt, Williams’ fill-in since February, will become the permanent anchor of the “NBC Nightly News.”

The network said that Williams will join the struggling cable news channel MSNBC as “anchor of breaking news and special reports.”

He will also “serve as a breaking news anchor for NBC News live special reports when Holt is not available.”