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 Question Thank you! Oops! Related Content Millennials and Savings How much could you save now and in the long-term? It May Be Time for a Financial Checkup It’s never a bad time to speak with your financial professional about changes in your situation. Planning for All Families These planning tips can help.