A difference between a Congressional Gold Medal and a Presidential Medal of Freedom is that the Presidential Medal of Freedom is awarded in the discretion of the
president of the United States, while Congressional Gold Medals are awarded by an Act of Congress which becomes law. Per committee rules, legislation bestowing a Congressional Gold Medal upon a recipient must be co-sponsored by two-thirds of the membership of both the
House of Representatives and the
Senate before their respective committees—the
House Committee on Financial Services and the
Senate Committee on Banking, Housing, and Urban Affairs—will consider it. Often,
bronze versions of the medals are struck for sale by the U.S. Mint, and may be available in both larger and smaller sizes. In at least one case, the John Wayne Congressional Medal, private dealers bought large numbers of the bronze version. They were then
gold plated and resold to the public for a significant profit. The Congressional Gold Medal is distinct from the
Medal of Honor, a military decoration for extreme bravery in action, and from the
Congressional Space Medal of Honor, presented by
NASA for extraordinary accomplishment in United States space exploration. == Recipients ==