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 Coaches Coaches have helped you your whole life, in ways big and small. We’d like to be one of them. Money Draining Food Myths These food myths will really put a drain on your wallet. Emotional vs. Strategic Decisions Information vs. instinct. Are your choices based on evidence of emotion?