Garry Marshall Directing Gere and Bening in Capra Remake

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Production Weekly is reporting Richard Gere and Annette Bening will star opposite one another in State of the Union, a remake of Frank Capra’s 1948 film starring Spencer Tracy and Katharine Hepburn. Garry Marshall (Pretty Woman) will direct from a script by Rod Lurie (The Last Castle).

The political-themed film is based on the Pulitzer Prize winning play by Howard Lindsay and Russell Crouse. In the original Tracy starred as an idealistic industrialist who is drafted to run for the presidency. As a candidate, Tracy is caught between the ruthless ambition of newspaper heiress (Angela Lansbury), who pulls the strings of his campaign, and the integrity of his wife (Hepburn), who believes in the man behind the political facade.

It was originally reported by French magazine Tout le Cine that Julia Roberts would be starring in the film offering up a complete Pretty Woman reunion, but independent banner Identity Films confirms Production Weekly’s report adding several financiers are positioning to finance film.