The actor is Warren Beatty, who considered running for President himself.
In 1976 he declined to enter the New Hampshire primary against Jimmy Carter. “There has to be someone better” is what he says to those who have urged him to run.... [D]espite being a lifelong Democrat, Beatty liked the Reagans, especially Nancy. When he screened Reds for Ronald and Nancy, he remembers, the former-movie-star president told him, “It’s beginning to look like there’s no business but show business.”Lots more great stuff at the link, which goes to Vanity Fair.