David Bier, an immigration policy analyst for the Cato Institute, discusses why the Justice Department is suing California over the state’s immigration laws, which Attorney General Jeff Sessions says are preventing federal immigration agents from doing their jobs. Plus, Olga Kharif, Bloomberg News Bitcoin reporter, discusses a new letter from the Treasury Department, which offers new guidelines for initial coin offerings, telling issuers and investors that they must adhere to U.S. banking rules. They speak with Bloomberg’s June Grasso.