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 Gift Giving: Spend Less, Enjoy More Stressed about the cost of holiday gift giving? You’re not alone. An Arm and a Leg A visit to the hospital can be painful, for both your body and your wallet. Don’t let it be more painful than it has to be. The 12 Steps to Living Confidently: How to Protect Yourself Protection. We’re obsessed with it these days.