A spokesman for Ro Han says it is “clear that there was mismanagement at the Silicon Valley bank.”

A spokesman for Ro Han, who has received campaign donations from Silicon Valley Bank CEO Greg Becker, who also sits on the board of the San Francisco Fed, said it was “clear that there was mismanagement at the failed bank.” The California Democrat tells “Face the Nation” that bank executives should be barred from serving on the board of regional Federal Reserve banks in the future.