Rep. Ilhan Omar has amended her financial disclosure, significantly reducing her reported assets from a previous estimate of $6 million to $30 million down to a range of $18,004 to $95,000. She attributed this substantial change to an accounting error, stating that the original filing, submitted in 2025, included her husband's business assets without accounting for liabilities. This correction was made following a March letter from the Office of Congressional Conduct regarding allegations of misconduct.

The initial disclosure showed a massive increase in wealth, sparking questions from Republicans and calls for investigations from figures like President Trump and House Oversight Committee Chairman Rep. James Comer. Omar's spokeswoman, Jacklyn Rogers, clarified that the congresswoman is not a millionaire and that the amendment was voluntary, made as soon as the discrepancy was identified.

The amended filing shows that businesses associated with her husband, Tim Mynett, a venture-capital management firm and a winery, were previously valued between $6 million and $30 million. These businesses are now shown to have no value once liabilities are factored in. An email from 2025 between Mynett and his accountant had valued the venture capital firm at $7.9 million and the winery at $1.5 million, with Mynett owning about a third of both. The new disclosure also shows Omar having between $15,001 to $50,000 in student debt and $15,001 to $50,000 in credit-card debt.

Omar's attorney informed the Office of Congressional Conduct that the inaccurate filing was unintentional, citing that it is common for members of Congress and their spouses to rely on professionals like accountants for such calculations. The attorney stated that while the error was unfortunate, there was nothing untoward or illegal. Despite the amendment, some Republicans, such as Rep. Tom Emmer, remain critical, suggesting Omar should not be immune from further scrutiny, while Omar's office denies receiving communication from the Justice Department or congressional Republicans regarding investigations.