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> They don't have a law enforcement division or anything like that with guns and badges.

What's interesting is that they're probably one of the only few federal entities without at least a small attached police force. Even NASA and the Department of Education have their own police.




Wow. I didn't know about that. Turns out they were not really a federal police force, and could only operate on Federal Reserve Property until September 11th, 2001.


A federal reserve police force would open some interesting additional avenues for affecting interest rates outside of open market operations...

(this is a joke)




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