The Fed and How It Got That Way Want to be Smarter With Your Money? Join our mailing list and get news and info to support your financial goals. First Name Last Name Email Address Thank you! Oops! Here is a quick history of the Federal Reserve and an overview of what it does. Related Content Keeping Good Records is Good Business Maintaining good records for your business not only helps to meet your tax and legal obligations, but it can save you money. The Anatomy of an Index The S&P 500 represents a large portion of the value of the U.S. equity market, it may be worth understanding. What Smart Investors Know Savvy investors take the time to separate emotion from fact.