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666 Fifth Avenue. Photo: Drew Angerer/Getty Images

House Democrats are discussing investigating the cash infusion the Kushner Companies' flagship New York office tower received in summer 2018, Reps. Maxine Waters, Elijah Cummings and Ted Lieu told Axios.

Why it matters: Jared Kushner’s family real estate business provides Democrats with a new opening to investigate a senior White House official's indirect connection to foreign money. Kushner has been helping conduct Middle East policy on behalf of the U.S. government.

The Kushner family's most consequential recent deal is the one that bailed them out of their struggling, debt ridden behemoth at 666 Fifth Avenue.

  • Lieu, who serves on the House Judiciary and Foreign Affairs committees, told Axios that he finds the deal "really troubling," and that one of the House committees will be looking into it.
  • Waters, chair of the House Financial Services Committee, and Cummings, chair of the House Oversight Committee, confirmed that there have been private discussions about investigating the deal.

It's unclear which committee would investigate the deal, and whether it will be investigated at all.

  • "We’ve been looking at that for a while," Cummings said. "It's a very difficult question because Maxine may have a piece of it, another committee might have a piece of it. We’ll figure that out."

The backdrop: Jared Kushner’s family company bought the Midtown skyscraper for a record $1.8 billion in 2007.

  • But the building later became a financial headache. At the time of the deal, the N.Y. Times reported, "Analysts have long said that 666 Fifth was worth less than its debts. The building was 30 percent vacant and only generated about half the annual mortgage payments."
  • According to the Wall Street Journal, Brookfield Asset Management, which purchased a 99-year lease on the building, paid enough for Kushner Companies to pay off its $1.1 billion debt and buy out its partner, Vornado Realty Trust, which owned the retail portion of the building.
  • The deal became politically controversial because Qatar Investment Authority, one of the world’s biggest sovereign wealth funds, is Brookfield's second-largest investor. Brookfield said Qatar wasn’t aware of the deal until it was publicly announced.

At around the same time, Brookfield's acquisition of Westinghouse Electric, a nuclear power company, was finalized.

  • This connection became problematic after the House Oversight Committee released a report last month alleging some members of the Trump administration proposed selling nuclear power plants to Saudi Arabia over the objections of top national security officials. The report noted that Westinghouse, which manufactures power plants, could benefit from such a deal.

The White House did not respond to Axios' request for comment.

Go deeper: Elijah Cummings orders White House to comply with Kushner security clearance review

Go deeper

A divided nation flocks to partisan brands

Data: Harris Poll; Chart: Danielle Alberti/Axios

Americans are leaning into companies that have strong political positions, in the wake of one of the country's most divisive election years.

Driving the news: New rankings from the Axios/Harris 100 poll — an annual survey to gauge the reputation of the most visible brands in the country — show that brands with clear partisan identifications are becoming more popular.

America is finally winning its fight against the coronavirus

Expand chart
Data: CSSE Johns Hopkins University; Map: Andrew Witherspoon/Axios

America’s battle against the coronavirus is going great.

The big picture: For the first time in a long time, nobody needs to cherry-pick some misleading data to make it seem like things are going well, and the good news doesn’t need an endless list of caveats, either. It’s just really good news. We’re winning. Be happy.

Updated 2 hours ago - World

Over 70 dead in worst bombardments between Israel and Hamas for years

Palestinian Muslims exchange wishes for Eid al-Fitr, marking the end of the fasting month of Ramadan, near a razed building in the northern Gaza Strip town of Beit Lahia, on May 13. Israeli forces said they had killed a senior Hamas commander in May 12 airstrikes. Gaza's health ministry said children died in the strikes. Photo: Majdi Fathi/NurPhoto via Getty Images

At least 67 Palestinians and seven Israelis have been killed in fighting between Israel's military and Hamas since Monday, per Reuters.

The big picture: The worst aerial exchanges of fire between Israel and Hamas since 2014 continued into early Thursday. It comes days after escalating violence in Jerusalem that injured hundreds of Palestinians and several Israeli police officers during protests over the planned evictions of Palestinian families from their homes.