The award will be given at the White House on Thursday, September 10, reported Ace Showbiz.
Field is being honoured for "her contributions as an actress and filmmaker. The dignity, empathy, and fearlessness of her performances have touched audiences around the world, and she has deployed those same qualities off-screen in her advocacy for women, LGBT rights, and public health."
King is honoured for "his contributions as an author. One of the most popular and prolific writers of our time, Mr. King combines his remarkable storytelling with his sharp analysis of human nature. For decades, his works of horror, suspense, science fiction, and fantasy have terrified and delighted audiences around the world."
The president is also handing out Humanities medals which recipients include author Jhumpa Lahiri and chef Alice Waters.
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