'Squad' Dem dismisses fraud probe speculation after $29M net-worth drop

Rep. Ilhan Omar, D-Minn., is continuing to deny looming questions over an Ethics Committee investigation into her financial filings, showing a significant drop in her net worth.

Scrutiny of Omar's finances intensified after financial disclosure filings appeared to show her estimated net worth falling from a range of roughly $6 million to $30 million in one filing period to between about $18,000 and $95,000 in a later disclosure.

House Oversight Committee Chairman James Comer, R-Ky., has publicly voiced his interest in the House Ethics Committee opening an investigation into both Omar’s personal finances and her connection to the ‘Feeding Our Future’ fraud scheme, a scandal that federal prosecutors say cost taxpayers roughly $250 million.

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Omar dismissed suggestions that she is facing an Ethics Committee investigation.

"No," Omar told Fox News Digital, laughing, when asked if she is under an Ethics Committee investigation. "No. We go over this all the time."

She was pressed about continued reporting surrounding the discrepancy — the possibility of the roughly $29 million drop in her financial disclosure.

"There’s also the possibility that it might rain on this sunny day," Omar replied.

Along with Comer’s efforts to launch an investigation into Omar, Vice President JD Vance said just last month that the U.S. Department of Justice will be opening a probe into the Minnesota Democrat’s alleged fraud as part of the administration’s new anti-fraud taskforce.

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Omar has declined ever being aware of the scheme happening behind doors with the organization, which claimed to be helping supply children in need of meals during the COVID-19 pandemic.

The Justice Department described the scheme as the "single largest COVID-19 fraud scheme in the country," The Associated Press reported. The orchestrator of the non-profit, Aimee Bock, was sentenced to 42 years in prison for her involvement in spearheading the fraud scheme.

Republicans have pointed to Omar's MEALS Act, part of a federal pandemic relief measure which she sponsored, as a factor they say contributed to conditions that allowed the fraud to occur. They argue her bill was a mass contributor to the fraud occurring as it broadened USDA waiver authority at meal sites. It has also been claimed that this same act helped to dismantle anti-fraud safeguards that verified the people actually being serviced in federal nutrition programs.

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In a previous statement to Fox News Digital from Omar, she claimed that President Donald Trump’s USDA Secretary, Brooke Rollins, imposed the regulations for the framework of the program.

While Omar continues to reject suggestions time-after-time that she is facing an Ethics Committee investigation, Republicans have shown little sign of backing away from their demands for a proper investigation into Omar’s finances and fraud allegations.