How Stocks Work Full Size Version Share | Have A Question About This Topic? Name Email Address Question Thank you! Oops! Related Contents The Fed and How It Got That Way Here is a quick history of the Federal Reserve and an overview of what it does. How the Federal Reserve Works Each day, the Fed is behind the scenes supporting the economy and providing services to the U.S. financial system. Taxable vs. Tax-Deferred Savings Use this calculator to compare the future value of investments with different tax consequences.