Roger W. Ferguson Jr.

Roger W. Ferguson Jr. (born October 28, 1951, in Washington, D.C.) is an American economist, attorney and corporate executive who served as the 17th vice chairman of the Federal Reserve from 1999 to 2006.

Prior to his term as vice chairman, Ferguson served as a member of the Federal Reserve Board of Governors, taking office in 1997.

After leaving the Fed, he served as president and CEO of the Teachers Insurance and Annuity Association of America (TIAA) from 2008 to 2021.

The citation presented with the Medal reviewed Ferguson's achievements and featured reflections from Douglas Elmendorf, Drew Faust and Larry Summers.

[5] On October 11, 2005, Lawrence Kudlow stated his belief that Alan Greenspan was pushing Ferguson's name to the Bush administration for the appointment of the Federal Reserve chairmanship.

[6] In April 2008, Ferguson became president and chief executive officer of the Teachers Insurance and Annuity Association – College Retirement Equities Fund (TIAA).

Among Ferguson's published works are: Additionally, Ferguson's leadership style and leadership of TIAA have been highlighted in several management books, including "The Extraordinary Power of Leader Humility" by Marilyn Gist and "The Harvard Business Review Leader's Handbook: Make an Impact, Inspire Your Organization, and Get to the Next Level" by Ron Ashkenas and Brook Manville.

These resulted in the release of a statement at the end of each FOMC meeting, explaining the rationale for the interest rate decision and including an assessment of the risks facing the economy.

[13] While at the Fed, Ferguson served as Chairman of the Group of Ten Working Party on Financial Sector Consolidation.

Following two previous reports, the study expands on the role of conduct and culture in the governance of the world's largest financial institutions.

[24] The final report was issued in September, 2012, under the title, "Aging and the Macroeconomy: Long-Term Implications of an Older Population".

[26] Ferguson and his wife established an endowment support the director position at the Anacostia Community Museum in November 2022.