Final answer:
The Medal of Honor is awarded by the President to Naval service members who demonstrate gallantry and intrepidity at the risk of their lives beyond the call of duty.
Step-by-step explanation:
The medal awarded by the President, in the name of Congress, to members of the Naval service who distinguish themselves by gallantry and intrepidity at the risk of their lives above and beyond the call of duty is the Medal of Honor. The president's role as Commander in Chief of the armed forces, as stated in the Constitution, grants the authority to confer such honors upon individuals who exhibit exceptional bravery and valor in military service. Recipients of this prestigious award have demonstrated heroism to such a degree that they stand out even among their fellow servicemen and women. For example, Mexican Americans were awarded more Congressional Medals of Honor than any other racial minority during World War II, highlighting their extraordinary contributions to the military efforts.