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 Managing the Risk of Outliving Your Money Steps to help you sustain and grow your retirement savings. Ask a Financial Professional: Successful Entrepreneurs Learn more about business finance from Travis Scribner of WestPac. Best-Performing Asset Classes Bonds may outperform stocks one year only to have stocks rebound the next.