A Fox News report is drawing renewed scrutiny to Rep. Ilhan Omar, a Democrat from Minnesota, after financial disclosures showed a dramatic increase in her household’s reported assets over a single year, prompting an ethics investigation by the House Oversight Committee.
During a Fox News segment, correspondent Nate Foy detailed the changes in Omar’s disclosed finances, focusing on the growth of assets tied to her husband’s business ventures.
“This woman Ilhan Omar’s net worth went up nearly $30 million the question is, how?” Foy said.
“Here’s what we know. Omar’s husband, a former political consultant, owns a venture capital firm based in Washington, DC, and a winery in California.”
Foy pointed to Omar’s congressional financial disclosures to illustrate the scale of the increase.
“Take a look at these numbers. In 2023 Omar disclosed a maximum of $50,000 in assets at the winery. The next year, Dana, that number increased to $5 million,” he said.
He also highlighted changes tied to Omar’s husband’s venture capital firm.