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 Can a Million Dollars Buy You? $1 million in a diversified portfolio could help finance part of your retirement. Diversification, Patience, and Consistency Three important factors when it comes to your financial life. 5 Smart Investing Strategies Getting what you want out of your money may require the right game plan.