Will Ferrell is not taking on the role of Ronald Reagan

If you wanted to see Will Ferrell go presidential again, we have bad news.

We told you that Will Ferrell was going to portray The Great Communicator himself for a movie that has been named "Reagan."

However, it turns out that Will Ferrell is not taking on the role of Ronald Reagan after all.

Apparently, Will had only thought about doing the movie, but never actually agreed to do it.