Representative Ilhan Omar is setting the record straight after a financial disclosure form made it look like she and her husband, Tim Mynett, became overnight multimillionaires.
The Minnesota congresswoman claims that a massive "accounting error" is responsible for the appearance of a fortune that simply does not exist.
The controversy started when Omar’s 2024 financial disclosure reported assets valued between $6 million and $30 million.
Critics across the political spectrum immediately demanded answers, questioning how a public servant’s net worth could skyrocket so dramatically in a single year.
According to Omar's team, the mistake happened when an accountant listed several of Mynett’s business interests as pure assets while completely ignoring their liabilities.
Her spokesperson clarified that Omar is not involved in those businesses and "trusted the professional" to handle the filing.
The Wall Street Journal reports that in her newly amended 2025 filing, the numbers have crashed back to earth.
Omar now lists her and her husband’s net worth between $18,004 and $95,000, a staggering difference from the previous high-end estimate of $30 million.
The filing also reveals that Omar is still carrying between $15,000 and $50,000 in student loan debt and a similar amount in credit card debt.
The Office of Congressional Ethics, a nonpartisan watchdog, sent a letter to Omar last month demanding an explanation for the discrepancy.
While her attorney insists it was a clerical error, the timing has provided fresh ammunition for President Donald Trump, who has frequently accused Omar of financial misconduct.
Omar has dismissed the President's claims as an "obsession" and maintains that the only crime committed here was bad math.