Your local police department has likely been carrying around Hollow Points for decades and you haven't panicked about that.
They are ideal for law enforcement because it reduces the chances of rounds passing through a perp to an innocent.
And nobody is buying a billion rounds of anything, as I've tried to point out over and over again. The entire story is a non-story.
Since this big "purchase" by DHS first came up, I still believed the shortage of ammo is due to increased buying by the citizenry. The same reason the shelves are bare of popular weapons in the gun stores. However, I don't trust DC and think it wise for all to question their motives.
What do you think of so many benign departments/agencies having law enforcement units? I personally, think it has gotten out of hand, along with everything else the Fedgov does.