‘Bank of America–asset or not?’

Charlotte Mayor: '...Yeah. Asset. Asset. Absolutely.'


Mayor Anthony Foxx (D) said Tuesday that Bank of America is an "asset, absolutely" to Charlotte, when asked by Chuck Todd.

The Democratic Party has had a love-hate relationship with one of the nation's largest banks this year.

Bank of America contributed $20 million towards the cost of the Democratic National Convention, according to a Tuesday Bloomberg, despite the DNC's original insistence that the convention would not accept corporate funding.

But Obama campaign officials and Democratic Party officials have attempted to call Bank of America Stadium–where President Obama will accept the party's nomination Thursday–anything but its actual name.