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 Message Thank you! Oops! Related Content What Can a Million Dollars Buy You? $1 million in a diversified portfolio could help finance part of your retirement. Emotional vs. Strategic Decisions Information vs. instinct. Are your choices based on evidence of emotion? 5 Smart Investing Strategies Getting what you want out of your money may require the right game plan.