Peter Rudy Wallace (born April 13, 1954) is an American politician and member of the Democratic Party who served as Speaker of the Florida House of Representatives from 1994 to 1996.

[5] His great-uncle Henry A. Wallace was the 33rd Vice President of the United States, his great-grandfather Henry Cantwell Wallace was the 7th United States Secretary of Agriculture, his grandfather Merle F. Rudy founded the Pinellas County Republican Party, and his aunt, Sally C. Wallace, served on the St. Petersburg City Council from 1976 to 1985.

[5] After graduating, he clerked for Judge Paul Hitch Roney on the United States Court of Appeals for the Fifth Circuit from 1979 to 1980.

He faced Republican George F. Hieber II, the incumbent from the 58th district, and defeated him by 53% to 47%.

He was re-elected unopposed in 1994 and was also elected to serve as Speaker of the House that year, a race he had lost in 1989.

[8] In 2013, he declined to run for Florida's 13th congressional district after the Republican incumbent Bill Young announced his retirement.