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 Starting a Roth IRA for a Teen This early financial decision could prove helpful over time. The History of Currency Currency has been around for a long time. Here’s a quick history lesson. When Markets React When markets shift, experienced investors stick to their strategy.