The Fed and How It Got That Way Here is a quick history of the Federal Reserve and an overview of what it does. Related Content Making Your Tax Bracket Work Have you explored all your options when it comes to managing your taxable income? Dog Bites Neighbor. Now What? Even dogs have bad days. So, what happens when your dog bites a neighbor or passing pedestrian? Bridging the Confidence Gap In the world of finance, the effects of the "confidence gap" can be especially apparent.