Rep. Ilhan Omar (D-MN) declined to answer questions Thursday about revised financial disclosures showing a dramatic reduction in her reported net worth, leaving the public with no explanation for an apparent $29 million drop in her reported assets.
Fox News Digital reporters approached Omar directly to ask about the filings. She stayed silent as they pressed her multiple times.
The controversy traces back to Omar’s 2024 financial disclosure, which reported that she and her husband, Tim Mynett, held between $6 million and $30 million in assets. A revised 2025 filing shows their shared assets now valued at a maximum of $125,000. Mynett’s ownership stakes in his winery and venture capital advisory firm, previously valued at $1 million to $5 million and $5 million to $25 million respectively, are now both listed at $0.
When the original disclosures surfaced, Omar’s office told Fox News Digital the filing was “inaccurate” and “incomplete,” saying it had mistakenly listed the total equity of Mynett’s businesses rather than his personal ownership share, and failed to account for liabilities.
Both Omar and Mynett carry separate debts. Her student loans and his credit card balances each range between $15,000 and $50,000. At the low end of their shared asset estimates, the couple could owe more than they own.
House Oversight Committee Chairman James Comer (R-KY) has called on the House Ethics Committee to open an investigation into Omar’s finances. Vice President JD Vance has said the Justice Department will probe the matter through the administration’s anti-fraud task force, though no formal investigation has been publicly confirmed.
Omar’s refusal to answer questions about the revised disclosures follows a pattern. She declined to respond last month when Fox News Digital approached her about the same issue.
The Minnesota lawmaker won reelection in November 2024 and remains in office. She has not commented publicly on the asset discrepancy.
