Sen. Elizabeth Warren told CNBC that the problem started under the Trump administration, when bank CEOs lobbied for Congress to weaken regulation.
According to a lawsuit obtained by CNBC, former Theranos CEO Elizabeth Holmes has missed payments on three promisorry notes and owes Theranos creditors $25 million.
Former Theranos CEO Elizabeth Holmes was sentenced Friday in U.S. federal court. She faced a maximum of 20 years in prison for fraud.
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