Andrew Ackerman: Self-Help Ventures Fund under CFPB scrutiny over early $77 bake sale origins

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08.06.2026

Andrew Ackerman: Self-Help Ventures Fund under CFPB scrutiny over early $77 bake sale origins — CFPB scrutinizes Self-Help Ventures Fund

Andrew Ackerman reports that Self-Help Ventures Fund, a smaller lender, is currently under scrutiny by the Consumer Financial Protection Bureau (CFPB). The nonprofit lender traces its roots to a $77 bake sale in the early 1980s.

Self-Help Ventures Fund is affiliated with the Center for Responsible Lending, which has historically opposed efforts by the current administration to roll back financial regulations.

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Ackerman recently reported that average hourly wages in the U.S. grew 3.4% over the past year, trailing inflation and reducing workers' purchasing power, according to his earlier coverage. He has also observed that crypto and prediction markets have gained a high degree of regulatory influence over the CFTC, as described in a separate analysis. Both issues remain under close watch by financial regulators.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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