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Omar Cuts Reported Assets to Under $100,000 in Amended Disclosure, Blaming Accounting Error

The sharp reversal has prompted Republicans to pursue investigations.

Overview

  • An amended congressional filing now lists Rep. Ilhan Omar and her husband’s joint assets at $18,004 to $95,000 after an earlier report showed $6 million to $30 million.
  • Omar’s office says the initial figures were an accountant’s mistake that listed assets without liabilities and insists she is not a millionaire.
  • The updated form lists no current value for her husband’s venture firm and winery, while reporting 2024 asset income between $102,503 and $1,005,200.
  • Supporting documents show $213,200 in 2024 distributions to her husband from the venture firm and $3,000 from the winery, according to records cited in the Wall Street Journal.
  • Republicans, including Oversight Chair James Comer and Whip Tom Emmer, question the explanation, cite possible legal exposure for false filings, and point to prior emails and tax records that valued the businesses in the millions without public detail on offsetting debts.