Fox News military analyst retired Lt. Col. Ralph Peters called the president "a total p***y on Monday, while Clueless star-turned-pundit Stacey Dash said the president "couldn't give a s**t" about terrorism.
Both were suspended Monday for two weeks by the network.
Their remarks were made on separate shows.
Peters was giving an analysis of President Obama's Sunday night terrorism speech on Fox Business with Stuart Varney.
"Mr. President we're not afraid, we're angry, we're pissed off, we're furious!" he said on air. "We want you to react, we want you to do something! You're afraid. This guy is such a total p***y, it's stunning."
Varney scolded Peters, saying that kind of language was not allowed on the broadcast.
Dash, in a morning critique of the president's speech, said she was not impressed by the Oval Office address.
"I did not feel any better ... I felt like he couldn't give a s**t, excuse me, like he could care less."
Fox executive Bill Shine announced later that both commentators had made "completely inappropriate and unacceptable" statements.
"Fox Business Network and Fox News Channel do not condone the use of such language."