Bill Cosby, George W. Bush

In this July 9, 2002 file photo, President George W. Bush lets out a laugh after failing to get the clasp together on Bill Cosby’s Presidential Medal of Freedom, which he holds, after Bush tried to put on the entertainer, in the East Room of the White House in Washington. President Barack Obama is rejecting the idea of revoking Cosby’s Presidential Medal of Freedom because of sexual misconduct allegations. Obama says there’s no precedent or mechanism to take back the medal. He declined to talk about the specific allegations against Cosby because there are pending legal matters. (AP Photo/Kenneth Lambert, File)

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