The Oscar winner will co-produce the project with actress Elizabeth Hurley's ex, Steve Bing, for Tv network HBO, while the 42nd leader of the United States will lend his full co-operation to the film.
Executive Richard Plepler tells TheWrap.com, "President Clinton is one of the most compelling figures of our time, whose world view and perspective, combined with his uncommon intelligence, make him a singular voice on the world stage. This documentary, under Marty's gifted direction, creates a unique opportunity for the President to reflect on a myriad of issues that have consumed his attention and passion throughout both his Presidency and post-Presidency."
A broadcast date has not yet been set, but Scorsese can't wait to get started: "A towering figure who remains a major voice in world issues, President Clinton continues to shape the political dialogue both here and around the world. Through intimate conversations, I hope to provide greater insight into this transcendent figure."
Scorsese has become known for his insightful documentaries of late - he also directed Rolling Stones film Shine A Light, and George Harrison: Living in the Material World, about the late Beatle.