Arnold Schwarzenegger is returning to the career which made him a household name – action movie star – after serving as the Governor of California.

The “Predator” star will appear in “Expendables 2” on Aug. 17 as well as future action pictures like “The Last Stand” and “The Tomb.” But the ex-“Governator” isn’t leaving politics behind.

On Wednesday, Schwarzenegger and USC announced a partnership to establish a think tank that will seek bipartisan solutions to environmental problems, economic policy, political reform and other public policy issues.

The USC Schwarzenegger Institute for State and Global Policy will be funded with a commitment of $20 million from the former California governor that will include a personal donation as well as money from his fundraising efforts. USC officials said the endowment is expected to be fully funded within two or three years. Schwarzenegger’s initial gift is confidential, officials said….

“It would be a shame to think what I learned from my governorship over seven years … ways of solving problems — will now be left behind and no one will benefit.”

Schwarzenegger’s big screen success is beyond debate. His political career is a far different matter, so it will be interesting to see what comes of his latest venture.