On Wednesday, the Supreme Court showed strong signs that Federal Reserve Governor Lisa Cook will not be vacating her post anytime soon.

According to ABC, during oral arguments, the majority of justices leaned toward keeping Cook—a Black economist appointed by Democrats—in her role while the lawsuit plays out.

Cook, who joined the Fed in 2022 and got reappointed for a 14-year term, faces allegations of mortgage fraud from before her time there. The allegations were made last August, citing concerns flagged by Federal Housing Finance Agency Director Bill Pulte. Cook has not been charged with any crime.

Cook listed two properties, one in Michigan and the other in Georgia, as her primary residence on loan paperwork. The offense was labeled grounds for termination under the "for cause" rule in the Federal Reserve Act. Despite the paperwork mishap coming to light during her confirmation by then-President Joe Biden, the clerical error has been at the center of the investigation. Cook continues to deny wrongdoing. 

​While she did not speak in the courtroom, in a statement, Cook said that the verdict will decide “whether the Federal Reserve will set key interest rates guided by evidence and independent judgment or will succumb to political pressure.”

Most of the justices are on the same page, according to CNN. Chief Justice John Roberts said the fraud claims contradicted records, while Justice Sonia Sotomayor highlighted factual disputes that need sorting. Justices Brett Kavanaugh and Amy Coney Barrett also pushed back.

​As for now, the Fed's independence from politics remains in tact for now. Economists warn that firing Cook could rattle markets and erode global faith in U.S. monetary policy. There’s been no final ruling yet.