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DISCLOSURE: Rep. Omar Blames ‘Discrepancy’ for $30 Million Error

Rep. Ilhan Omar, D-Minn., has filed an amended financial disclosure that cuts her previously reported household assets from as much as $30 million to no more than $95,000, with her office blaming an accounting error and her lawyer telling the Office of Congressional Conduct the original filing was unintentional, as President Donald Trump and House Republicans press for scrutiny of the Minnesota Democrat.

The revised filing, reviewed by The Wall Street Journal, lists assets held by Omar and her husband, Tim Mynett, at between $18,004 and $95,000, down from a $6 million to $30 million range in the original 2024 disclosure filed last May.

The two businesses that drove the earlier figures, a Washington venture capital firm and a Santa Rosa winery, are shown in the amended version as carrying no net value once liabilities are applied.

“The amended disclosure confirms what we’ve said all along: The congresswoman is not a millionaire,” spokeswoman Jacklyn Rogers said, adding that Omar corrected the filing voluntarily once the problem was identified.

According to the Journal, the amendment was filed in response to a March letter from the Office of Congressional Conduct, an independent body that reviews allegations of member misconduct.

A lawyer for Omar wrote the OCC that the errors were inadvertent, saying “there is nothing untoward, and nothing illegal has occurred.”

The original 2024 report, filed May 14, 2025, drew attention because the same businesses had been valued far lower a year earlier.

Rose Lake Capital was listed between $1 and $1,000 in 2023, then between $5 million and $25 million in 2024.

The winery, eStCru, climbed from a maximum of $50,000 to as much as $5 million during the same period.

Congressional disclosures use bracketed ranges rather than precise figures.

The documents attached to the lawyer’s letter provide a narrower valuation.

A 2025 email between Mynett and his accountant pegs the venture capital firm at $7.9 million and the winery at $1.5 million, with Mynett owning roughly a third of each.

The amended filing still reports between $102,503 and $1,005,200 in 2024 income tied to those holdings, with Mynett receiving $213,200 in distributions from Rose Lake Capital and $3,000 from the winery.

Omar is correcting the record under political pressure on multiple fronts.

Trump said in January that the Justice Department is scrutinizing Omar and suggested she profited from Minnesota’s sprawling welfare fraud scandal.

In early February, Rep. James Comer, chairman of the House Oversight Committee, requested financial documents from Mynett; after Mynett did not comply, the committee referred the matter to the House Ethics Committee in March.

No criminal charges have been filed against Omar or Mynett, and her office said Friday that it has received no communications from the Justice Department or the Republicans threatening investigations.

The legal stakes turn on intent.

Under the Ethics in Government Act, unintentional errors are routinely cured by amended filings, while knowing and willful false reporting can result in civil penalties or a criminal referral.


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