Indian-American judge to fast-track ruling on Trump finances subpoena

IANS  |  Washington 

Mehta, an Indian-American judge, will fast-track a decision on bid to quash a for financial records from his firm, saying he will decide the full case after a hearing on May 14.

The lawsuit was brought April 22 by Trump and several of his businesses against and the President's firm, Mazars USA.

"The sole question before the court - Is the House Oversight Committee's issuance of a to for financial records of and various associated entities a valid exercise of legislative power? - is fully briefed, and the court can discern no benefit from an additional round of legal arguments," said.

Mehta, appointed by former in 2014, gave all sides until May 13 to file any further comments.

Cummings's panel last month subpoenaed Mazars seeking documents to corroborate testimony of the President's former Michael Cohen, who said at a congressional hearing that Trump intentionally mis-reported the value of his assets for personal gain.

The House Financial Services and Intelligence Committees are also investigating the President's finances and have delivered subpoenas to Deutsche Bank, and other major banks.

Trump, his businesses, and three of his children -- Ivanka, and Eric -- are suing to stop the subpoenas to the banks.

In suing the House as well as his banks and Mazars, Trump's lawyers argued the President's past personal dealings were irrelevant to the legislative branch's fundamental duty of writing bills.

The House has requested six years of the President's personal and business tax returns.

--IANS

ksk

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, May 10 2019. 10:02 IST