(Image source from: KXLY.com)

An Indian American judge Amit Mehta will fast-track a decision on President Donald Trump’s bid quash a subpoena for the financial record from his accounting firm. He will decide the full case after a hearing on May 14.

Mehta of the District Court for the District of Columbia, made his announcement on Thursday in a brief notice after receiving the first round of written arguments in the case, reports The Washington Post.

The lawsuit was brought April 22 by Trump and several of his businesses against House Oversight Committee Chairman Elijah E. Cummings and the President's accounting firm, Mazars USA.

"The sole question before the court - Is the House Oversight Committee's issuance of a subpoena to Mazars USA LLP for financial records of President Donald Trump 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," Mehta said.

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

Earlier this month, Cummings's panel subpoenaed Mazars seeking documents to corroborate the testimony of the President's former lawyer Michael Cohen, who said at a congressional hearing that Trump on purpose misreported the worth of his assets for personal gain.

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

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

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

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

By Sowmya Sangam