Indian-American judge fast tracks case of Trump's subpoena by Congress over his financial records

Image
Press Trust of India Washington
Last Updated : May 10 2019 | 4:37 PM IST

An Indian-American judge has fast-tracked the case of US President Donald Trump's challenge of a subpoena by Congress over financial records of his accounting firm, saying he will decide the full case after a hearing next week, according to a media report.

US District Judge Amit P. Mehta made his announcement Thursday in a brief notice to both sides after receiving a first round of written arguments in the case.

Mehta said that he will decide the full case and not just whether to temporarily block the subpoena while the case proceeds, after a hearing on May 14, The Washington Post reported.

A subpoena is a written order, mostly by a court, ordering a person to testify.

The judge, an Obama appointee confirmed in 2014, gave all sides until Monday to file any further comments ahead of oral arguments previously set for Tuesday in Washington.

The announcement means that any appeal of a decision in the case could reach an appeals court by the summer, the report said.

The lawsuit over the subpoena is one of a growing number of efforts by the president to shield his personal finances from investigators, including congressional Democrats, state lawmakers and regulators, looking into aspects of his life and business, the report said.

House Oversight Chairman Elijah Cummings issued the subpoena to Mazars, which compiled Trump's financial disclosure forms, over questions about whether Trump manipulated his net worth, the CNN reported.

Trump's former lawyer Michael Cohen provided the committee with three years of financial statements prepared by Mazars, in which Cohen says Trump inflated his wealth while he was attempting to purchase the National Football League's Buffalo Bills.

Cohen, who reported to federal prison for a three year sentence earlier this week, has accused Trump of financial fraud.

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

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 10 2019 | 4:37 PM IST

Next Story