Obama rejects revoking Bill Cosby's medal

PRESIDENT Barack Obama says there's no precedent for revoking a Presidential Medal of Freedom given to Bill Cosby who is accused of sexual misconduct.

PRESIDENT Barack Obama has rejected the idea of revoking Bill Cosby's Presidential Medal of Freedom because of sexual misconduct allegations.

"THERE'S no precedent for revoking a medal," Obama said on Wednesday. "We don't have that mechanism."