"Did President Trump ask the Transportation and Commerce departments to introduce 15-year car loans as a way to make vehicle ownership for all a reality? No, that's not true: A meme making the claim is apparently satire inspired by Trump's real proposal to extend home mortgages to 50 years. There is no official statement from the White House and no social media posts or public statements by the president concerning extending car loans to 15 years."
"The claim appeared in a post on several social media platforms, including this post (archived here) where it was published by the @gnuman1979 account on X on November 10, 2025. The meme read: THE WHITE HOUSEPRESIDENT DONALD J. TRUMPAs he continues to work hard to make the American Dream accessible to everyone, President Trump today has asked the Departments of Transportation and Commerce to make vehicle ownership for all a reality by introducing 15 year car loans! Secretaries Duffy and Lutnick are already working on it!"
The claim that President Trump asked the Departments of Transportation and Commerce to introduce 15-year car loans is false. The image in circulation is a satirical meme apparently inspired by a separate proposal to extend home mortgages to 50 years. There is no official White House statement, and no posts or public statements on Truth Social or other presidential channels support the claim. The meme appeared on social media, including a post by @gnuman1979 on X on November 10, 2025, and reproduced a mock White House-style announcement naming Secretaries Duffy and Lutnick. Commenters largely recognized the content as a joke.
Read at Yahoo News
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