President Donald Trump's voice, cloned using artificial intelligence, narrates a new Fannie Mae advertisement, according to a disclaimer in the video. The AI-generated voice, created with the Trump administration's permission, emphasizes Fannie Mae's role as a guardian of the American Dream and promises an 'all-new' approach to the institution. This comes as the administration aims to address voter concerns about housing affordability. Trump's involvement in the ad coincides with his planned speech at the World Economic Forum in Davos, Switzerland, where he will discuss housing. This isn't the first time a Trump family member has utilized AI for voice replication; First Lady Melania Trump recently used AI to voice her memoir. The ad highlights Trump's commitment to housing reform, echoing his pledge to introduce aggressive plans. It criticizes the current system, suggesting that homeownership is becoming unattainable for many Americans. Fannie Mae and Freddie Mac, under government control since the Great Recession, play a crucial role in the housing market by buying mortgages and providing liquidity. The ad promises Fannie Mae's collaboration with the banking industry to approve more homebuyers for mortgages. Trump, along with others, has proposed selling Fannie Mae and Freddie Mac shares on a major stock exchange, though no concrete plans have been finalized. Additionally, Trump has suggested extending the 30-year mortgage to 50 years to lower monthly payments, a proposal that faced criticism for potentially reducing housing equity. Trump's recent social media post announced a federal government plan to buy $200 billion in mortgage bonds, aiming to lower mortgage rates and address housing concerns. However, the use of AI to replicate Trump's voice raises questions, given his past complaints about the Biden administration's use of autopen technology to sign documents. Despite this, no concrete evidence of autopen usage has been found.
