I don’t know what state you live in, but in my state there is no waiting whatsoever. No background checks either. fill out a form for the gun dealer to put in his/her book, and you are good to go.
Though I registered for FR while in the peoples republic of NJ, I have since moved to TX. I have made a purchase each year for the past 4 years and each time it was no more than a 20 minute wait.
Think the “wait-list” that I had to endure was due to the current regime in any way. I am not the conspiratorial type but it did get me thinking about the possibility with “Project Gunwalker” and this being a border state.