El Presidente comes from writer Dan Goor (Parks and Recreation). As of now, Jay Roach (Meet the Parents) is in talks to direct the comedy.
El Presidente tells the story of "an overzealous Secret Service agent whose work-life boundary issues get him reassigned to the inglorious task of guarding America's worst former president, who is a bumbling sleaze. The job suddenly becomes exciting when a threat is made on the ex-president's life and they must go on the run." Adding to more buzz are the two lead actors who are in talks to join the film. Those two are Tom Cruise and Robert Downey Jr. The two actors have starred in a comedy together in Tropic Thunder but never had the chance to be on the same scene. Now they get that chance and we will see how it goes. Let’s hope they both agree to join the film.
For more on this news, go check out Vulture.