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 Required Reading: The Economic Report of the President The Economic Report of the President can help identify the forces driving — or dragging — the economy. Should I Buy or Lease an Auto? This calculator compares the financial impact of leasing versus buying an automobile. Avoiding Cognitive Decline Try these activities to keep your brain sharp.