Federal authorities launched an immigration fraud investigation into Rep. Ilhan Omar in 2026, culminating in an October 12 raid on her Washington home by Homeland Security Investigations agents. The probe centers on alleged misstatements in her 2000 naturalization paperwork regarding age and her late father’s records, with the Trump administration signaling intent to pursue denaturalization and removal if fraud is proven. President Trump and border czar Tom Homan have publicly stated deportation remains possible, while Omar has described the actions as political targeting. Any denaturalization requires DOJ civil proceedings, court adjudication of intentional misrepresentation, and exhaustion of appeals—a process that historically takes years even when pursued. These procedural hurdles and the absence of filed charges or removal orders explain the limited trader pricing on near-term deportation outcomes.