The Hollywood duo have teamed up five times before over the last 15 years, most recently with 2013’s The Wolf of Wall Street.
Now Leo and Scorsese are planning their next project in the form of Roosevelt, a biopic about the 26th US president.
Theodore ‘Teddy’ Roosevelt occupied the White House from 1901-1909, taking office after the assassination of President William McKinley.
Teddy was just 42-years-old when he became president, the youngest in US history and the current age of Leo.
The Hollywood Reporter said: “Sources say Warners will make an ambitious attempt to use Scorsese to bring Leonardo DiCaprio into the world of comic-book movies.
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“Certainly, Scorsese’s involvement in The Joker film, which The Hangover filmmaker Todd Phillips would direct, could elevate and diversify the studio’s contributions to the genre, creating the potential to make awards-worthy films such as Christopher Nolan’s The Dark Knight trilogy.”