Just out of curiosity, why are you so passionate about faction ranks? Is it just so that you want to know how high it is, or am I missing something?
I understood it so that quality of the rewards stays the same no matter what rank you have. That's why you can't see any rank numbers in game.
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apologies for the TLDR.
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To answer your question about why am I passionate about this, its because if ranks are reset at the end of events, it makes the events (for me and others I have spoke with) feel shallow... empty.. not worth doing because the rank isn't going to stay around. I know IB ranks always went from Rank 0-5 each event, but to have a ranking system with factions... and to reset them, it seems like just another way to cater to casual gamers who don't really care what their rank is. I mean, i would love to see my rank and throughout my time playing Destiny 2 rise. I know a guy who literally grinded that event till he was rank 70 or something like that with one of the factions. I believe the goal there was to eventually reach rank 100. But ... if they reset, his objective, his grind is being nut shot'd. With so little avenues within destiny 2 to grind, I totally agree with him, in that I would be honestly upset if ranks were indeed reset that the end of each event.