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[Texas] Bill H.B. 2346 would grant commissioned officers of the Federal Reserve some of the powers given to sworn peace officers – including powers of arrest, search and seizure – in matters taking place on Federal Reserve property or, more broadly, in matters related to the Fed.
And that’s where the power could go unchecked. The extent of the influence and “business” of the Fed in the nation’s economy is far-reaching, if not all encompassing, indeed.
(h) A commissioned law enforcement officer of a Federal Reserve bank is not a peace officer under the laws of this state but has the powers of arrest, search, and seizure as to any felony or misdemeanor offense committed under the laws of this state:
(2) while the officer is protecting:
(B) operations conducted by or on behalf of a Federal Reserve bank or the board of governors.
originally posted by: spirit_horse
Interested to see if other States bring bills like this. It kind of makes me think they may be preparing for economic collapse and people going off at the banks. I understand the Federal Reserve is a bank for banks, but they are still the ire of many people here in the US. They haven't needed these powers for the last 80+ years or so, so why now?
...the banks and corporations that will grow up around [the banks] . . . will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered...