The Fed and How It Got That Way Here is a quick history of the Federal Reserve and an overview of what it does. Share | Have A Question About This Topic? Name Email Address Message Thank you! Oops! Related Content 5 Smart Investing Strategies Getting what you want out of your money may require the right game plan. Who's On Your Financial Dream Team? On a team, all players count, but some key positions are more critical to success. How to Cut Your Expenses Living with confidence means living within your means. managers.