Chex Muddy Buddies

9 cups of chex
1 cup chocolate chips
1/2 cup peanut butter
1/4 cup butter
1 teaspoon vanilla
1 1/2 cups powdered sugar

Melt chocolate chips, peanut butter, and butter together. Remove from heat, add vanilla. Pour over cereal. Stir until all pieces are evenly coated. Put powdered sugar in a bag and add the cereal. Shake until evenly coated. Spread on wax paper to cool.