Rep. Omar Amends Disclosure, Cuts Assets to $18K-$95K

Rep. Ilhan Omar, a Democrat from Minnesota, has amended her annual financial disclosure to Congress, revising reported household assets from as much as $30 million to between $18,000 and $95,000, attributing the change to an accounting error.

The original filing, submitted in May 2025, listed assets held by Omar and her husband, Tim Mynett, a political consultant, at between $6 million and $30 million. This marked a significant increase from her reported negative net worth of $45,000 when she entered Congress in 2019. The amendment, filed voluntarily after the discrepancy was identified, adjusts the valuations of two businesses connected to Mynett: Rose Lake Capital, a Washington-based venture capital firm, and eStCru LLC, a winery in Santa Rosa, California. In the original report, Rose Lake Capital was valued at $5 million to $25 million, up from under $1,000 the previous year, while eStCru was estimated at $1 million to $5 million, compared to $15,000 to $50,000 earlier. The revised disclosure states that both entities have no net value after accounting for liabilities.

Omar's office explained that the congresswoman relies on accountants for such filings, a common practice...