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 8 Financial Lessons from the Big (and Little) Screen Financial lessons from movies and TV. Planning for All Families These planning tips can help. A Fruitful Retirement: Social Security Benefit Taking your Social Security benefits at the right time may help maximize your benefit.