The transcription factor FOXP1 is a master regulator of stem and progenitor cell biology. In diffuse large B-cell lymphoma (DLBCL), copy number amplifications and chromosomal translocations result in overexpression of FOXP1. Increased FOXP1 protein abundance in DLBCL predicts poor prognosis and resistance to therapy. To connect gene overexpression with phenotype, we developed a genome-wide mass spectrometry-coupled gain-of-function genetic screen, revealing that FOXP1 potentiates β-catenin-dependent Wnt signal transduction. Gain-of-function and loss-of-function studies in cell models and zebrafish confirmed that FOXP1 was a general and conserved co-activator of Wnt signaling. In a Wnt-dependent fashion, FOXP1 co-complexed with β-catenin, TCF7L2, and the acetyltransferase CBP, and bound the promoters of Wnt target genes. FOXP1 promoted the acetylation of β-catenin by CBP, and acetylation was required for FOXP1-potentiation of β-catenin-dependent transcription. In DLBCL, we found that FOXP1 promoted sensitivity to Wnt pathway inhibitors and knockdown of FOXP1 or Wnt signaling slowed xenograft tumor growth. These data connect FOXP1 overexpression with β-catenin-dependent signal transduction, and provide a new molecular rationale for Wnt-directed therapy in DLBCL.