Is Pope Francis’ Audit of Vatican Bank Over?
Religion & Liberty Online

Is Pope Francis’ Audit of Vatican Bank Over?

vatican-bankLate last year Pope Francis ordered the first ever external audit of Vatican accounts. After a series of embarrassing leaks and scandals, the pontiff promised to make the Vatican’s finances more transparent. But recently it was announced that audit was “suspended immediately.”

In the Detroit News, the Rev. Robert A. Sirico, co-founder and president of the Acton Institute, considers what this portends for the Vatican’s financial reform:

I arrived in Rome to participate in a conference on Catholic social thought one day after Sen. Bernie Sanders departed after a similar engagement. The Democratic presidential candidate’s finger-wagging at Wall Street and his proposed financial industry reforms came to mind as the news broke that the much-touted audit of Vatican finances had been “suspended.”

The news created some buzz at the conference in no small part because Cardinal Pell was in attendance. Speculation ensued that the announcement from the Secretary of State’s office indicated an internal power struggle and that Pell was on his way out.

But the rumors of Pell’s demise were, as they say, highly exaggerated.

Read more . . .

Joe Carter

Joe Carter is a senior writer for The Gospel Coalition, author of The Life and Faith Field Guide for Parents, the editor of the NIV Lifehacks Bible, and coauthor of How to Argue Like Jesus: Learning Persuasion from History’s Greatest Communicator. He also serves as an associate pastor at McLean Bible Church in Arlington, Va.