Rep. Ilhan Omar has filed an amended financial disclosure that dramatically reduces her reported household assets, from a range of $6 million to $30 million down to between $18,000 and $95,000, blaming the staggering discrepancy on an accounting error tied to her husband's business holdings. The revision came only after the House Office of Congressional Conduct contacted her office, and it has done nothing to quiet the Republican lawmakers and White House officials who want answers about how a sitting member of Congress could misstate her net worth by tens of millions of dollars.
Omar's spokeswoman, Jacklyn Rogers, framed the amendment as vindication. But the timeline and the numbers raise more questions than they settle, and House Oversight Chairman James Comer is not letting the matter rest.
Omar's original 2024 financial disclosure, filed last year, reported that her husband Tim Mynett's businesses, a California winery and a venture capital management firm, were valued at between $6 million and $30 million. A 2025 email between Mynett and his accountant showed the venture capital firm valued at $7.9 million and the winery at $1.5 million. Mynett owns roughly a third of each business, as MinnPost reported.
The amended filing tells a very different story. Omar and Mynett now report total assets between $18,000 and $95,000. Omar still carries student debt of roughly $15,000 to $50,000. Mynett's income from the winery came in at between $2,500 and $5,000, while the venture capital firm paid him between $100,000 and $1 million.
That is a swing of potentially tens of millions of dollars on a federal disclosure form, the kind of document members of Congress are legally required to file accurately.
Rogers, in a text statement, said the original filing "was based on incomplete information from Mr. Mynett's businesses' accountants in good faith and in deference to professional judgment." She added that it "listed assets without liabilities and significantly overstated her husband's net worth," and that an "accounting error created a misleading picture of far greater wealth."
Rogers insisted that Omar "amended her disclosures voluntarily as soon as the discrepancy was identified." But that framing omits a detail that matters: the amendment came after Omar's office was contacted by the House Office of Congressional Conduct, the independent, nonpartisan body that reviews allegations of misconduct against lawmakers and refers credible cases to the House Ethics Committee. The Washington Times reported that the Office of Congressional Conduct had requested additional information earlier in the year, and that House Oversight Chairman Comer sent a February letter to Mynett requesting financial records.
"Voluntary" is doing a lot of heavy lifting in that sentence.
Omar's attorney, in a letter to the watchdog office, took a more measured line, as Breitbart reported:
"While the error is of course unfortunate, there is nothing untoward and nothing illegal has occurred."
That is a carefully lawyered statement. It concedes the error while drawing a line against any criminal implication. Whether investigators accept that line is another matter entirely.
Chairman Comer has not accepted it. He launched his own investigation into Omar's finances, sought documents from Mynett's businesses, and referred the matter to the House Ethics Committee. His public comments have been blunt.
As Fox News reported, Comer posed a pointed question about the size of the discrepancy:
"Who makes a multimillion-dollar mistake on their financial disclosure form?"
He went further: "If she lied about it, that's a felony." Congressional financial disclosures carry legal weight. Filing a knowingly false statement is a federal offense. Comer's framing puts the burden squarely on Omar to prove the error was innocent, not just unfortunate.
Omar has previously dismissed GOP probes as political theater, but the numbers on the disclosure forms are not theater. They are sworn filings.
Rep. Tom Emmer, a fellow Minnesota Republican, has been one of Omar's sharpest critics on the disclosure issue. He appeared on Fox News on Monday and posted on X, calling Omar "a complete fraud."
Emmer laid out the timeline in plain terms:
"She went from $65,000 in net worth that she was reporting on her disclosure to reporting more than $30 million. And guess what? Now she comes out and says, 'Oh, that was a mistake on our disclosure. I just took a quick look at our disclosure and missed it.'"
He added: "Not only should her accountant be fired but that girl should be fired. She does not deserve to be in Congress."
Emmer's language was harsh, but the underlying point is straightforward: a swing from $65,000 to $30 million and back again is not a rounding error. It is either gross negligence or something worse.
President Trump has repeatedly accused Omar of financial wrongdoing and suggested she profited from Minnesota's social services fraud scandals. Trump said the Justice Department was investigating Omar because of what appeared to be a significant jump in her financial assets.
The White House has made Omar a recurring target. Vice President Vance has confirmed the administration is actively pursuing Omar over alleged immigration fraud, and Trump has separately pushed to crack down on Minnesota welfare fraud with Omar's name attached. The financial disclosure mess gives the administration another avenue of pressure, one grounded in Omar's own filings.
The disclosure forms themselves are structured to report holdings and liabilities in wide ranges, not precise dollar amounts. But the gap between the original filing and the amendment is so large that it cannot be explained by range imprecision alone.
House Ethics Committee instructions direct members to report the value of a spouse's ownership stake, not the total value of the business. The Washington Free Beacon reported that ethics experts challenged Omar's explanation and argued she should have reported Mynett's one-third share, not the full enterprise value. If the original filing listed the gross value of the businesses rather than Mynett's fractional interest, that alone would inflate the numbers, but it would also represent a basic failure to follow disclosure rules.
Omar initially pushed back on the scrutiny publicly. In an Instagram video, she said: "Another day, another lying headline about millions of dollars that apparently I have." She added, in blunter terms, that critics should "learn to read" before posting "misleading" content, though her own language was considerably more colorful.
That defiant posture is harder to maintain now that her own office has conceded the filing was wrong.
Several questions hang over this story. The New York Post noted that the inflated figures were tied specifically to Mynett's winery and venture capital firm, but the precise mechanics of the error, who prepared the original numbers, who reviewed them, and why no one caught a discrepancy measured in the millions, remain unexplained.
Rogers herself said in her statement that "the amended disclosure is not complete and accurate", a line that, on its face, appears to undercut the very filing Omar's team submitted as a correction. Whether that is a misquote, a drafting error, or an inadvertent admission is unclear.
Members of Congress face a May 15 deadline to file their 2025 disclosure reports. Omar will have another chance to get her numbers right. Whether that satisfies Comer, the Ethics Committee, or the Justice Department is a separate question.
Omar has built a political brand on demanding accountability from others. When it comes to her own federal filings, she is asking the public to accept that a multimillion-dollar misstatement was just an honest mistake, and to take her word for it.
Taxpayers who face penalties for far smaller errors on their own paperwork may find that a tough sell.