Rep. Ilhan Omar is insisting she is not secretly rich after a new financial filing showed her household may be worth less than nothing, even as her husband’s businesses had previously been valued in the millions.
In the 2025 filing, the Minnesota Democrat listed household assets in a range that topped out at $125,000 and could be as low as $20,000.
Once student-loan and credit-card liabilities are counted, the disclosure leaves the couple’s bottom-line range stretching from about $80,000 underwater to $95,000 in the black.
The new report added another strange turn to questions surrounding Tim Mynett’s business interests after Omar previously revised a 2024 disclosure that appeared to show between $5 million and $30 million in assets.
Omar has rejected claims that she is a multimillionaire and blamed the earlier numbers on accounting errors.
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Mynett’s defunct California winery, eStCru, generated only $200 to $1,000 for him in the latest report.
Rose Lake Capital, the other business at the center of the disclosure whiplash, was listed with no income.
Rose Lake Capital was valued between $1 and $1,000 in Omar’s 2023 disclosure.
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A year later, the company’s listed value had jumped to between $5 million and $25 million.
EStCru also showed a dramatic swing, going from a valuation capped at $50,000 to one that reached as high as $5 million.
The shifting numbers have given Republicans new ammunition against Omar, a frequent target of GOP attacks and one of the most recognizable members of the left-wing “Squad.”
“Voters see right through the corrupt lies of Ilhan Omar,” Republican National Committee spokeswoman Delanie Bomar told the New York Post.
“Omar has spent her entire career covering up Democrat-enabled fraud that cost taxpayers billions, so it’s no surprise that she would do the same for her husband.”
The disclosure controversy was already on Comer’s radar before the latest filing surfaced.
Comer’s panel had been looking at the couple’s reported financial surge against the backdrop of Minnesota’s $9 billion Somali social-services fraud scandal.
Omar has forcefully denied wrongdoing and has not been charged or formally accused of a crime tied to that alleged fraud scandal.
Omar is not the only high-profile Democrat facing new questions over money.
The money questions have also moved west, where Sen. Ruben Gallego’s campaign accounts are drawing attention as he weighs a possible 2028 run.
Politico found that Gallego’s leadership PAC covered family travel tied to Miami, Chicago and Disney destinations.
FEC records reviewed in the report also put his child-care reimbursements above $18,000 since 2019.
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One reimbursement went to his mother-in-law for $400 in babysitting.
Politico also tied a 2023 Super Bowl outing with his wife, Sydney, to a joint campaign account Gallego shared with former Rep. Eric Swalwell.
An unnamed source familiar with Gallego’s spending attacked the pattern as personal indulgence funded by campaign money.
“He just spends his campaign account like it’s his personal slush fund,” the source told the outlet. “He’s using campaign cash to live a luxury lifestyle.”
Gallego did not dispute the figures and argued that family travel and child-care spending are allowed under federal rules.
“This is not breaking news,” he said in a statement to Politico. “With the rising costs of child care and the burden it has on the budgets of American families, Democrats and Republicans in Congress and the White House alike regularly travel with their wives and children, as is permitted by the FEC.”
The spending questions could follow Gallego if he moves toward a national campaign.
One person familiar with the spending told Politico that some aides feared the issue could become a vetting problem for a White House ticket.
Gallego has already acknowledged the possibility of looking at a 2028 run.
In an April interview, Gallego framed Latino outreach as central to any 2028 calculation.
“Obviously, like any other elected official, especially ones that won red states in 2024, we have to look at it,” Gallego said.
“No matter who runs, even if it’s not me, the candidate that wins in 2028 is going to have to get the Latino vote back to at least 62%. That is the ‘Pass Go’ line, collect $200 on the Monopoly board. We didn’t hit that in 2024 and that’s why we find ourselves in this situation.”
That same month, Gallego also had to answer Rep. Anna Paulina Luna’s public misconduct accusation, which she said was based on another woman’s account.
A Gallego spokesperson rejected Luna’s claims as “right wing conspiracy theories being parroted by a fringe far right member of Congress,” in a statement shared with CBS.
Luna named Gallego shortly after Swalwell left Congress amid allegations from four women, which the California Democrat has denied.
Before publicly identifying Gallego, Luna said the matter had been raised with Thune’s office.
Thune later said the allegations had gone to the Senate Select Committee on Ethics.
Gallego also moved quickly to distance himself from Swalwell, holding a Capitol Hill news conference after the accusations surfaced.
He said he had “no knowledge of predatory behavior, sexual assault, or harassment” involving the California Democrat and accused Swalwell of deceiving him.
“My friendship with him, our family’s friendship together with him, clouded my judgment, and I was wrong — I deeply, deeply regret that,” Gallego told reporters.
His office said Luna’s ethics filing was the reason his the new legal defense fund.
“Senator Gallego is under attack from right-wing conspiracy theorists like Anna Paulina Luna, the Trump Administration, and their cronies,” Gallego spokesperson Jacques Petit told NOTUS in a statement.
“This White House has made clear it is their priority to abuse their power and target political enemies. Senator Gallego will not stand for it.”
