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 The A, B, C, & D of Medicare Learn about all the parts of Medicare with this informative and enjoyable article. U.S. Personal Savings Rate What can be learned from the savings rate? How Compound Interest Works Use this calculator to better see the potential impact of compound interest on an asset.