Source: Orange County Register
by Matt Fleming
“I was duped into thinking President Donald Trump was considering advocating for 15-year car loans, but when put into context it’s hard to blame me. A fake image of a White House statement circulated social media last week saying that Trump had tasked Transportation Secretary Sean Duffy and Commerce Secretary Howard Lutnick with making ‘vehicle ownership for all a reality by introducing 15 year car loans!’ … I was one of many people to fall for it. Big if true, as they say. Of course it wasn’t, but it’s hard to tell these days. After all, the fake 15-year auto loan news came right on the heels of real announcements that Trump was considering 50-year mortgages and a $2,000 tariff refund (which he called a dividend). All of these ideas are ridiculous.” (11/17/25)