SoLo Funds is a peer-to-peer financial lending platform, boasting over 2 million downloads of its app on its website.

The Consumer Financial Protection Bureau and peer-to-peer lending platform SoLo Funds agreed to put an end to the agency’s ...

Two Republican lawmakers from Texas have introduced bills that would end funding for the Consumer Financial Protection Bureau ...

The U.S. Consumer Financial Protection Bureau, which President Donald Trump has moved to abolish, told a court on Friday it ...

Advocates fear consumers could be left to fend for themselves in a complicated financial marketplace if the CFPB is ...

As the federal Consumer Financial Protection Bureau is being gutted, a state senator is pitching a plan for a local version — ...

Turmoil at the agency could harm not only consumers but also small state-chartered banks, as their bigger rivals gain ...

President Emeritus of the National Creditors Bar Association and Solo's Head of Business Development, in a recent TV ...

In an X post late Saturday, Vought also gave up some of the federal funding that the agency would draw, stating that it already has excess funds. "I have notified the Federal Reserve that CFPB ...

Russell Vought, the director of the Office of Management and Budget who is also acting director of CFPB, said the agency has an “excessive” balance of $711.6 million. Vought notified the ...

"I have notified the Federal Reserve that CFPB will not be taking its next draw of unappropriated funding because it is not 'reasonably necessary' to carry out its duties," Vought wrote in a post ...