Pope Francis on Monday launched a sweeping reform of the Vatican’s scandal-plagued financial system by naming one of his closest advisers on reform, Australian Cardinal George Pell, to head a powerful new department that will oversee the Vatican bank and the entire economic system of the Holy See.
The new Secretariat for the Economy, with Pell acting as a unique kind of Vatican comptroller, will have “authority over all economic and administrative activities” in the Vatican, according to a statement summarizing Francis’ decree.
The changes also provide for an official who will be empowered “to conduct audits of any agency of the Holy See and Vatican City State at any time” — a remarkable degree of authority in a bureaucracy where offices are known for zealously guarding their own turf.
High-level debates over Catholic teachings on marriage and divorce and other hot-button issues heated up on Wednesday as a highly anticipated effort to overhaul the Vatican bureaucracy slogged through the devilish details of financial reform.
The multitrack talks launched months ago by Pope Francis ramped up this week as some 185 cardinals converged on Rome to watch the pontiff add 19 new members to their select ranks this weekend, part of what some called “the most critical week” of Francis’ year-old papacy.
Anticipation is mounting for a series of closed-door discussions on Thursday and Friday, when the cardinals will hold what are expected to be frank talks about issues such as contraception, cohabitation, gay marriage, and whether divorced and remarried Catholics can receive Communion.