Minnesota Democratic Rep. Ilhan Omar announced that she will seek re-election to her current House seat next year.
However, the mounting allegations of fraud may dog her campaign.
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First elected in 2018, Omar is running for a fifth term in the congressional district that encompasses Minneapolis and some inner-ring suburbs.
“At a time when our rights are under attack, it is more important than ever to fight back against the chaos, corruption, and callousness of the Trump Administration,” Omar said in a statement provided to MPR News announcing her intentions to run for reelection.
“In Minnesota, we know that organized people will always beat organized money. Our campaign is ready to build on our successful grassroots organizing efforts to have a record turnout for the midterms and help win back the majority,” Omar said.
Omar and her husband have gone from penthouse to outhouse.
The husband of the Minnesota “Squad” firebrand now says he makes as little as $200 a year, despite once valuing his venture capital and wine empire at up to $30 million.
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The embattled socialist said her husband, Tim Mynett, newly released 2025 financial disclosure report that shows Mynett earned no income last year from his primary business, Rose Lake Capital.
Mynett, a nearly two-decade veteran in DC, made between $200 to $1,000 last year from his now-defunct California-based wine business eStCru, which sold bottles like “The Devil’s Lie” before shutting down in April.
The report said Omar reported the couple had assets worth between $20,000 and $125,000 for 2025, and their credit card and student-loan debt was between $30,000 and $100,000, giving them a net worth of negative-$80,000-$95,000.
The puzzling financial disclosure comes after the couple reported a sudden ballooning of wealth — from close to nothing to between $5 million and $30 million — in 2024, sparking intense public scrutiny.
That set off a Congressional inquiry into Omar’s finances, just as a massive social services fraud scheme involving the Somali community in her district was blowing up.
Despite the businesses reportedly being worth nothing, Rose Lake Capital still generated income between $100,000 and $1 million, and the wine business between $2,500 and $5,000 that year, according to the amended disclosure.
Mynett, 44, launched Rose Lake Capital in 2022 with Will Hailer, his longtime business partner and fellow Democratic operative.
The two met in 2012 while working for Minnesota Attorney General Keith Ellison, who was running for re-election to Congress.
Ellison was caught on tape taking a bribe from Somali fraudsters—a charge he denied, claiming he entered the meeting in good faith.
Ellison resigned that House seat in 2018 to make way for Omar, a move Hailer has taken credit for engineering.
Vice President J.D. Vance said Tuesday that the Department of Justice is actively looking Omar, escalating scrutiny surrounding the Minnesota Democrat and raising fresh political questions heading into the midterm election cycle.
The exchange began when Daily Caller correspondent Reagan Reese asked about longstanding allegations involving Omar’s immigration history, marriage timeline and prior campaign finance scrutiny.
Vance declined to go into specifics but strongly suggested the matter is under federal review.
“You read the things about Ilhan Omar, and about who she married, and whether she didn’t marry this person or that person,” he continued.
“It certainly seems like something fishy is there. But everyone is entitled to equal justice under the laws,” he said.
“If we think there’s a crime, we’re going to prosecute that crime, and that’s something that the Department of Justice is looking at right now,” Vance said.
Omar has repeatedly denied wrongdoing over the years and has dismissed Republican accusations against her as politically motivated attacks.
The controversy surrounding Omar has lingered for years and has included allegations tied to campaign spending, tax matters, personal relationships, and immigration questions.
Conservatives have frequently raised questions about her marriage history and whether any prior relationships may have intersected with immigration law issues.
No criminal charges have ever been filed against Omar related to those allegations.
The renewed scrutiny also comes as Republicans in Minnesota continue pressing questions surrounding the massive Feeding Our Future fraud scandal, one of the largest COVID-era fraud cases in American history.
This article may contain commentary which reflects the author’s opinion.
