Well, yeah, I guess.......if you think POTUS passing out fake badges to Rock & Roll performers is cool.....which is what has happened here.
Elvis got the wacky idea that he should have an narcotics agent's badge so that he could "legally" carry his pistols and "prescription drugs" in other countries.
And so he asked RMN for one.
Nixon got a replica badge made up, gave it to Elvis, had this photo taken, and Elvis went away thinking he was hot shit.
FYI for those who will now Google "Elvis federal agent badge": Genuine narcotics agent's badges don't have their freakin' names embossed on the front of them.