Michael Douglas is set to swap Liberace's flamboyant lifestyle for another presidential role - as Ronald Reagan.The American President
The Wall Street star is in talks to play the late Republican in indie movie Reykjavik, according to The Hollywood Reporter.
Mike Newell is in negotiations to direct the film about Reagan and Soviet leader Mikhail Gorbachev's 1986 peace summit meeting in Iceland, and Ridley Scott is onboard to produce the project.
If the actor signs up for the film, it won't be Douglas' first presidential role - he played fictitious U.S. leader Andrew Shepherd in 1995's
It also isn't the first time Reagan has been portrayed onscreen by a Hollywood star - James Brolin
played the actor-turned-politician in TV movie The Reagans, Richard Crenna
took on the role in 2001's The Day Reagan Was Shot and Alan Rickman
will play the late president in Lee Daniels' new film The Butler
Douglas is currently portraying late pianist Liberace in Steven Soderbergh