Evening Edition: Congress Looking Into Rep. Omar's Exploding Wealth

The Fox News Rundown

FOX News Podcasts

Daily News, News, Politics

3.4 • 1.7K Ratings

🗓️ 20 January 2026

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

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Summary

The House Oversight Committee has opened an investigation into Rep. Ilhan Omar and her husband over financial disclosures of just two years that show a sudden increase in the couple's wealth. Rep. Omar filed that the financial firm owned by her husband, Tim Munett, Rose Lake Capital, LLC, that in just 2years the company went from an evaluation of $5-thousand to one of $25-million.The investigation comes as Rep. Omar is also embroiled in a massive fraud probe in Minnesota. President Trump weighed in over the weekend saying that that Democratic Rep. Ilhan Omar of Minnesota should either be locked up in jail or sent to Somalia in a Truth Social post.. FOX’s John Saucier speaks with Nate Foy, FOX News correspondent, who says the outcome of this investigation could obviously have major political implications for Rep. Omar. Click Here⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ To Follow 'The FOX News Rundown: Evening Edition' Learn more about your ad choices. Visit podcastchoices.com/adchoices

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1:00.0	I'm Abby Hornacek. I'm Ben Dominic. I'm Dana Perino and this is the Fox News rundown.
1:08.1	Tuesday, January 20th, 2026. I'm John Sassier. The House Oversight Committee has turned its attention to Minnesota Representative Ilhan Omar and her husband, specifically on a financial firm her husband started that has done quite well. This, of course, comes as there's a major fraud scandal playing out in Minnesota right now.
1:26.5	Omar puts out these required financial disclosure reports in the House every year.
1:32.5	And in 2023, this Rosalie Capital firm was valued at $1,000.
1:37.8	And then in 2024, it was valued at $25 million.
1:42.0	This is the Fox News Rundown, evening edition.
1:50.1	This episode is brought to you by Vanta. Security and compliance done wrong is a headache.
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