Rep. Ilhan Omar’s (D-MN) latest financial disclosure has renewed scrutiny of her family’s finances after reporting that business interests once valued in the millions are now listed as having little or no value.
The Minnesota Democrat’s 2025 financial disclosure reports that her husband, Tim Mynett, earned no income last year from Rose Lake Capital, his venture capital firm.
The filing also reports that Mynett received between $200 and $1,000 in income from eStCru, a California-based wine business that dissolved earlier this year.
According to the disclosure, Omar and Mynett reported total assets ranging between $20,000 and $125,000.
The filing also listed between $30,000 and $100,000 in credit card and student loan debt.
The latest disclosure follows questions raised over the couple’s previous financial filings.
In 2024, Omar reported assets valued between $5 million and $30 million, largely tied to Mynett’s business interests.
The dramatic increase prompted public scrutiny over how those businesses were valued.
Omar later filed an amended 2024 disclosure that reduced the reported value of Mynett’s ownership stakes in both Rose Lake Capital and eStCru to zero.
She attributed the change to an accounting error.
Despite the revised valuations, the amended filing reported that Rose Lake Capital generated between $100,000 and $1 million in income during 2024.
The filing also reported that eStCru generated between $2,500 and $5,000 in income that year.
The changing financial disclosures have drawn criticism from Republican officials.
Republican National Committee spokeswoman Delanie Bomar questioned the revised financial reporting in comments to the New York Post.
Omar’s office did not immediately respond to requests for comment from the publication.
The financial disclosures come as Omar faces additional political scrutiny.
A congressional inquiry has examined aspects of her finances following questions surrounding the reported fluctuations in her family’s business valuations, per Trending Politics.
Her husband founded Rose Lake Capital in 2022 with business partner Will Hailer.
Before launching the firm, Mynett operated the political consulting company eStreet Group, which worked on Omar’s 2018 congressional campaign.
The latest filing also follows the dissolution of eStCru, a wine company that ceased operations in April.
The disclosure did not provide additional details explaining the reported decline in the businesses’ valuations.
Public financial disclosure reports filed by members of Congress require officials to report income, assets, liabilities and certain business interests within broad value ranges rather than exact dollar amounts.
The reports are intended to provide transparency regarding lawmakers’ financial holdings and potential conflicts of interest.
Omar, who has represented Minnesota’s 5th Congressional District since 2019, has previously denied allegations of financial wrongdoing.
No criminal charges have been filed against Omar related to her financial disclosures.
