Posted on 12/26/2025 3:41:11 PM PST by Libloather
Minnesota Congresswoman Ilhan Omar is facing a fresh wave of scrutiny following the release of her 2024 financial disclosure form, which reveals a staggering leap in her household's reported wealth. The 43-year-old Democratic lawmaker, a prominent member of the so-called 'Squad', has seen her and her husband Tim Mynett's combined fortune skyrocket by as much as 3,500 per cent since the end of 2023.
Despite earning a standard congressional salary of less than $175,000 (£138,000) a year, Omar's latest filings suggest a net worth that could reach as high as $30 million.
The sudden windfall has reignited long-standing accusations regarding the business dealings of Mynett, a political consultant who transitioned into venture capitalism. In the 2024 disclosure, Omar attributed much of the gains to two primary businesses owned by her husband.
The first, Rose Lake Capital LLC, which Mynett co-founded in 2022, was valued by Omar at between $5 million and $25 million in her latest filing. This represents a monumental increase from the sub-$1,000 valuation she provided for the firm just one year earlier.
Questions Mount Over Ilhan Omar's Millions and Husband's Business Ties
The sheer scale of the valuation jump has raised eyebrows amongst financial experts and political opponents alike. While Rose Lake Capital reportedly claims to manage $60 billion in assets, Omar's disclosure noted that the firm earned no income at all throughout the last year. This discrepancy has led critics to question the basis of the multi-million-pound valuation for a company apparently generating zero revenue.
(Excerpt) Read more at ibtimes.co.uk ...
Harry Trum said it right.
As if the fact that his wife is a US congressman has no bearing on deals that his company gets. Puhleeze!
THAT IS AN INTERESTING COMMENT
Omar is just getting her cut of the rewards for manipulating the taxpayer funds into her account.
He’s in California and I despise him.
Oh, that happens all the time! No big deal, right?
That’s funny.
The money he made wasn’t from “deals.” That’s not how VC works. In any event, he made that money before he ever knew who Omar was.
You guys so want to believe everything you read that you twist yourselves into pretzels to convince yourself of the most absurd arguments.
Omar’s disclosure noted that the firm earned no income at all throughout the last year. This discrepancy has led critics to question the basis of the multi-million-pound valuation for a company apparently generating zero revenue.
It doesn’t get any more Mafia or democrat then that.
What is the probability of someone making 3,500 % interest in a year, and that being legit?
Why is it that so many members of Congress, not only her, become such EXTRODINARY good investors once in power?
Is it the air they breathe in the Capital building? Does it have more oxygen or something?
I'm not a commie. I am happy when folks get rich. I want to be rich. I try not to be the jealous type and would rather learn from others than bad mouth their success.
But frankly, there isn't much to learn here.
Congress is basically for sale.
They need money for the party and elections. On the personal side, they try to get themselves and their family rich.
I suppose most of it is technically legal, albeit completely morally wrong. They lay person would call it “corruption.”
These folks have the best tax folks and lawyers working for them in how they play these games to avoid legal issues.
But it all boils down to this: They are in a position of power, and they can sell their influence.
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