TIAA CEO Roger Ferguson discusses the need for another stimulus package

Roger Ferguson sees a bright light ahead for investors, but only at the end of a dark tunnel.

Ferguson, 69, is president and chief executive officer of TIAA. He is the former vice chairman of the Board of Governors of the U.S. Federal Reserve System. He also represented the Federal Reserve on several international policy groups and served on key Federal Reserve System committees.

He recently announced that he intends to retire in March 2021 from TIAA after 12 years with the financial firm.

The Biden administration is now reportedly considering him for a top economic position.

One of the most well-known Black executives in the financial industry, Ferguson has been talking of late about how…