President Donald Trump came under fire for referencing a Justice Department investigation into Rep. Ilhan Omar’s (D-MN) curious finances after a Monday Truth Social post.
You may recall that, over a one-year period, Omar’s net worth — combined with her husband Tim Mynett’s — reportedly skyrocketed to the $6 million to $30 million range in 2024 from approximately $30,000 the previous year, according to congressional financial disclosure forms filed by the congresswoman herself.
Trump wrote:
Additionally, the DOJ and Congress are looking at “Congresswoman” Illhan Omar, who left Somalia with NOTHING, and is now reportedly worth more than 44 Million Dollars. Time will tell all. Thank you for your attention to this matter! President DJT
[It’s unclear where the $44 million figure came from.]
Responding to the remarks on X, Omar denied any wrongdoing and claimed that Trump’s “support is collapsing,” and he’s “panicking.” According to Omar, Trump’s attacks on her were an attempt to “deflect from [his] failures” and called on the president to “get [his] goons out of Minnesota.”
Alas, it was The New York Times that set the record straight. The paper of record reported on Monday night that the DOJ’s investigation into the anti-Trump, antisemitic, anti-American congresswoman was initiated in June 2024 by the Biden DOJ.
The Justice Department under the Biden administration opened an investigation into Representative Ilhan Omar, Democrat of Minnesota, in 2024 to scrutinize her finances, campaign spending and interactions with a foreign citizen, according to people with knowledge of the matter.
The truth is that Omar’s sudden wealth has raised eyebrows on both sides of the political aisle.
According to Fox News:
Two of her husband’s business ventures, a Santa Rosa, California-based winery and a Washington, D.C.–based venture capital firm, account for the bulk of the reported assets.Federal disclosure forms do not list exact amounts, instead reporting assets in broad ranges; the figures shown in the chart below reflect the midpoint of those ranges for comparison.The winery, listed as eStCru LLC, saw its reported valuation jump from a range of $15,000 to $50,000 in 2023 to between $1 million and $5 million the following year.Rose Lake Capital showed an even sharper increase, rising from a reported value of between $1 and $1,000 in 2023 to an asset range of $5 million to $25 million in 2024.
Separately, Fox News published a weekend exposé on Mynett’s longtime business partner, William Hailer, whom they reported has “settled multiple lawsuits after being accused of defrauding investors in cannabis and wine ventures” with Mynett.
Given the recent allegations of massive fraud in Minnesota, and the large number of Somalis already convicted in the $250 million Feeding Our Futures scandal, the eye-popping growth of Omar’s and Mynett’s net worth in such a brief span predictably raises questions.
The Biden DOJ was right to open an investigation — although I’m surprised they did.
And Trump is right to continue it. In the end, as he wrote in his Truth Social post, “Time will tell all.”
Elizabeth writes commentary for Legal Insurrection and The Washington Examiner. She is an academy fellow at The Heritage Foundation. Please follow Elizabeth on X or LinkedIn.
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