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 What is Life Insurance? Part 1 What is Life Insurance? Part 1 Defining Your Priorities Achieving a long-term goal, like retirement, starts by taking small actions today. 3 Ways Charitable Giving Can Benefit Your Business More and more companies are choosing to donate to charities through volunteering their time, resources, or both.