Despite giving a series of interviews where he questioned US President Barack Obama's birthplace and charged him with leading the country to financial ruin, the Celebrity Apprentice star has claimed that he will not make a decision on a presidential run until June.
While appearing on NBC's Today Show, Cosby seem angered at host Meredith Vieira's suggestion that Trump may challenge Obama in next year's election.
"Oh please with Donald Trump, take him home with you," Cosby told Vieira. "He's full of it."
He continued: "You kept saying [in an interview with Trump], 'Are you going to run [for office]?'... He jumped. You run or shut up… The only thing he's running is his life."
While the former Cosby Show star expressed disdain for Trump, he did offer praise for the entire Obama family.
"I like [Obama] very, very much," Cosby added. "I love his wife. I love his children. I love his mother-in-law. I think they have a dog, I love the dog."
Last week, Celebrity Apprentice contestant Star Jones revealed that she wouldn't consider voting for Trump in the 2012 presidential election.
The Celebrity Apprentice airs Sundays on NBC.
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Watch Bill Cosby's interview with Meredith Vieira below: