Could 'Saturday Night Live' have found a fourth new hire? If the most recent buzz in comedy circles is to be believed, one of the reported new cast members could already be getting a promotion -- to President.

According to blogger Sean McCarthy of "The Comics' Comic," comedian Jay Pharoah "is just about a done deal" to join the cast of the 36th season of 'SNL' later this month. Taran Killam, Paul Brittain and Vanessa Bayer are all rumored to be joining the cast as well. The most interesting part of this news is that Pharoah will bring a host of characters and impressions to the show, including a new and fresh take on President Barack Obama,

McCarthy doesn't have a solid confirmation that 'SNL' will impeach Fred Armisen from the Obama role and replace him with Pharoah, but noted that it's the most likely scenario. TV Squad has found a video of Pharoah's Obama impersonation, posted after the jump.

Armisen's aim for accuracy over comedy with his impersonation hasn't been met with the same level of praise as Dana Carvey's George Bush or Phil Hartman's and Darrell Hammond's Bill Clinton. This isn't the first time the rumor mill has churned out speculation that the show is shopping for another actor to replace our commander-in-chief. In fact, the show reportedly held auditions with comics such as 'Daily Show' correspondent Wyatt Cenac and 'Community' actor Donald Glover after Obama's election in 2008.

Still, Armisen's impersonation of the President hasn't been as bad as others have proclaimed it to be. From his slow-paced tone to his hand gestures and mannerisms, it's fairly accurate -- just lacking in comedy. It doesn't have the thing that makes all 'SNL' presidential impressions special, that one thing that sets the standard all aspiring comedians and annoying office cutups should measure their impressions against. There needs to be an exaggerated mannerism or signature phrase that sets it apartment, the "not-gonna-da" for George Bush or the "strategery" for George W. Bush.

Pharoah's take has a chance of finding that same stride. His YouTube page features a showcase of impressions from Ray Charles and Owen Wilson to Stewie Griffin and (of course) President Obama. What his impression lacks in voice quality and similarity makes up for it with exaggeration and depth. He speaks as though every syllable is the most important syllable in the English language, followed by very strong gesturing that exudes an extreme amount of confidence and bravado. Pharoah's Obama impression starts at the 6:14 mark in the video.