Minnesota Rep. Ilhan Omar blamed an accounting “discrepancy” for errors in a financial disclosurethat listed her net worth at up to $30 million– while doubling down that she is not a millionaire, a report said.
The lefty “Squad” lawmaker – facing fraud probe calls from President Trump – insisted the initial figures in a disclosure filed last May were completely off-base, as an amended filing now shows shared assets with her husband of up to just $95,000, according to The Wall Street Journal.
“The amended disclosure confirms what we’ve said all along: The congresswoman is not a millionaire,” her spokesperson, Jacklyn Rogers, told the outlet.
Ilhan Omar speaks onstage as part of the No Kings rallies on March 28, 2026 in St. Paul, Minnesota.Getty Images for No Kings
“The congresswoman amended her disclosures voluntarily as soon as the discrepancy was identified.”
The original disclosure signaled a striking surge in income, listing that Omar and her husband, Tim Mynett, held assets valued between $6 million and $30 million – a roughly 3,500% jump in net worth from 2023 to 2024.
The inflated figures stemmed from Mynett’stwo businesses – a Santa Rosa, California-based winery and a venture capital firm headquartered in Washington, DC.
Omar posing with her husband Tim Mynett in front of the Capitol in Washington, D.C.instagram
The winery’s assets were valued at between $1 million and $5 million, while the DC firm, Rose Lake Capital, was valued at between $5 million and $25 million by the end of 2024.
By comparison, the winery, eStCru LLC, was valued at just $15,000 to $50,000 in the congresswoman’s prior disclosure, while the venture capital firm showed less than $1,000 in assets in 2023.
The amended filing, reviewed by the Journal, put the couple’s assets at $18,004 to $95,000.
Omar speaks during a news conference on January 28, 2026 in Minneapolis, Minnesota.James Keivom
While the juiced-up numbers sent shockwaves through Capitol Hill, fueling scrutiny over her reported skyrocketing wealth and speculation she was a secret millionaire, aides of Omar said she reviewed the filing before submission but didn’t flag the staggering errors.
They said the glaring mistake was missed because the 43-year-old pol is not involved in her husband’s businesses, the outlet reported.
Her lawyer told the Office of Congressional Conduct that the errors resulted from reliance on accountants.
“As the busiest of people, it is very common for members and their spouses to rely on learned professionals like accountants to make calculations and determinations that appear on public filings,” the lawyer wrote in a letter.
“While the error is of course unfortunate, there is nothing untoward and nothing illegal has occurred.”
Embattled New York Attorney General Letitia James on Friday repeatedly refused to tell The Post why she won’t release her tax returns like other top Democrats in the state did earlier in the week.
New York City Mayor Zohran Mamdani and Gov. Kathy Hochul have made income tax returns available for review by reporters, but James is refusing to do so — even as she fights back allegations she falsified information on mortgage applications.
The Empire State’s AG bizarrely claimed that the decision to release her own tax return was up to her staff.
Attorney General Letitia James’ staff has decided not to release her tax returns this year as she faces allegations of mortgage fraud.Stephen Lovekin/Shutterstock
“They will make that determination,” a perturbed James repeatedly told The Post as she partied with other Dem big wigs at the Somos conference in Albany Friday night.
“You know the practice. You speak to the comms director,” James argued before turning away to work a rope line with other glad-handing attendees.
The Post reached out to James’ office about the filings several times this week.
Several minutes after the exchange, a spokesperson confirmed to The Post that James’ staff had in fact decided not to release her tax returns.
“We are not releasing the Attorney General’s tax returns. All are welcome to review her annual financial disclosure when that is released,” James’ Communications Director, Alexis Richards, wrote in a statement.
James was indicted in federal court in Virginia last year on fraud charges after listing two homes as her primary address.Brigitte Stelzer
The latest legally required state financial disclosure statements for public officials are due out next month, but those filings include far less detailed information.
Mamdani’s filings reviewed by The Post and other outlets this week revealed his rise to prominence has also led to a modest boost in royalties from his abandoned rap career.
Hochul’s, meanwhile, affirmed that she and her husband Bill pay New York City income taxes and would theoretically be impacted by Mamdani’s calls to tax millionaires, having reported $1.9 million of income on their 2025 federal return.
State Comptroller Tom DiNapoli also made his returns available for review this week.
James had been accused of mortgage fraud in a bombshell case that was ultimately dismissed by a federal judge last year.
New York City grocers are lobbying Council Speaker Julie Menin to oppose Mayor Mamdani’s plan to open city-run grocery stores — and are optimistic that she’ll take their side after she issued a cool response to the controversial proposal earlier this week, The Post has learned.
The grocers are fast-tracking outreach to the Manhattan Dem and other Council members, who are expected to get a vote on whether to fund Mamdani’s plan that calls for $30 million for one grocery store alone, insiders said.
“This is just five days old but we are doing what we can to reach [Council members] to say, ‘Hey, let’s discuss what’s impacting existing food stores,'” said Mike Durant, chief executive of the Food Industry Alliance of New York, which represents 3,000 grocery stores.
Local grocers were floored by the democratic socialist mayor’s Sunday announcement that the city would open one of five grocery stores at La Marqueta in East Harlem — and they view the plan as unnecessary, taxpayer-funded competition in a brutal business.
There are already five grocery stores within two blocks of the proposed site on Park Avenue near East 115th Street — and 15 within five blocks — according to the National Supermarket Association.
“We expected the Council to line up behind the mayor on this issue,” said one local Bronx grocer, Carlos Collado.
Menin gave a noncommittal statement, instead.
“As our city confronts ongoing fiscal and affordability crises, the City Council is identifying responsible solutions to lower costs and address food insecurity,” her office said.
One of the five city-owned grocery stores would be built at La Marqueta at a cost of $30 million, under Mamdani’s plan.Luiz C. Ribeiro for NY Post
The “City Council Speaker looks forward to receiving details on the mayor’s proposal and assessing its potential impacts on consumers and local small businesses, including bodegas.”
Menin’s office declined to comment beyond that statement.
The local food industry believes it could have an ally in Menin since she used to be a small business owner herself, running Vine restaurant in lower Manhattan until it was badly damaged on 9/11. She also founded a non-profit advocacy group, Wall Street Rising, to help small businesses in the area in the wake of the terrorist attacks.
The grocery store at La Marqueta won’t open until 2029, according to Mamdani’s office, but the city is expected to issue a request for proposals as soon as June for someone to operate the site, sources said. Grocers believe they have just weeks to rally local pols to their cause.
Council Speaker Julie Menin issued a cool response to Mamdani’s grocery-store plan.stefano Giovannini for NY Post
“We are actively holding meetings with borough presidents and we put in a request this week to meet with the speaker,” said Anthony Pena, a supermarket owner and president of the National Supermarket Association.
The first city-run grocery store is set to open in one of the outer boroughs sometime next year, according to the mayor’s office. Mamdani has released few details about his plan, one of the far-left campaign promises that saw him to an upset election victory last year.
He said Tuesday that the city would offer lower prices ona “core” group of staples, like bread, milk and eggs.
New York City Economic Development Corporation reps told Pena at a recent meeting that city-owned stores would offer a roughly 30% discount on 100 items, he told The Post.
“We know our neighborhoods and businesses better than anyone,” Pena said.
Local grocers oppose the mayor’s grocery store plan.Luiz C. Ribeiro for NY Post
City Hall should “speak to the experts first and maybe it wouldn’t look so foolish putting $30 million figure out there,” he added.
Meanwhile, Pena said the owner of the City Fresh Market, located just two blocks from La Marqueta, asked him if he should sell his business.
Bill Cook of ACNY Developers was puzzled by the city’s decision to set up shop in Harlem after it gave him tax breaks to build an apartment building with 8,500 square feet of space for a grocery store just four blocks from La Marqueta.
The site benefitted from the city’s years-old “FRESH” program, which offers tax and zoning incentives to open grocery stores in designated areas of the city.
He’s yet to find a commercial tenant for the site, which was designed by a supermarket architect, where he’s hoping to charge a competitive $50 per square foot, or $500,000 a year.
“It’s still a better deal than charging taxpayers $30 million,” he remarked.
Menin is facing lobbying from local grocers after having a number of clashes with the mayor since he took office in January.
She’s criticized his and Democratic Gov. Kathy Hochul’s plan to imposed a so-called “pied-Ã -terre tax” on secondary homes worth $5 million or more. Menin also slammed the mayor’s threat to increase property taxes in order to close the city’s budget gap, among other criticism.
Mamdani’s office did not immediately respond to a request for comment.
OpenAI Chief Executive Sam Altman's iris-scanning project, World Network, formerly known as Worldcoin, is expanding its system that helps verify whether someone online is a real person, adding integrations with platforms including Zoom, DocuSign, and Tinder, Axios reported on Friday.
The company updated its World ID tool and made it easier for apps to use, allowing users to verify themselves through a selfie, government ID, or iris scan, and then log in across services to prove they are human.
"When anything can be fake, you don't know who and what to trust," Chief Product Officer at Tools of Humanity, the company behind Altman's World ID, Tiago Sada said. Last year, Semafor reported that Reddit may be in talks to potentially use its iris-scanning Orb to verify users on the platform. Meanwhile, Altman stressed that the world "urgently" needs AI regulation.
Adagene (Nasdaq: ADAG) presented interim Phase 1b/2 data at AACR 2026 showing muzastotug in two triplet regimens produced higher response rates and manageable safety profiles in HCC and MSS CRC.
In HCC, the muzastotug triplet showed ORR 66.7% vs 32.5% (control) and mPFS 8.2 vs 5.5 months; in MSS CRC, dose-dependent ORRs were 25% (10 mg/kg) and 40% (15 mg/kg). FDA previously granted Fast Track for muzastotug+pembrolizumab in MSS mCRC without active liver metastases.
Olema Oncology (Nasdaq: OLMA) announced preclinical AACR posters showing palazestrant fully recruits corepressor NCoR1 to achieve complete estrogen receptor antagonism and robust in vitro anti-tumor activity.
Data also show OP-3136, a KAT6 inhibitor, synergizes with palazestrant in ER+/HER2- models; palazestrant is in two Phase 3 trials and OP-3136 is enrolling in Phase 1. Posters presented April 20, 2026 at AACR.
