Pope Leo XIV Reverses Francis' Financial Reforms
Tap title to read story
0:00 / 0:34
Pope Leo XIV has begun undoing some of Pope Francis' financial decisions, abrogating a 2022 law that centralized Vatican bank power. The new decree allows the Holy See to use non-Vatican banks for efficiency. This is Leo's second significant reform, following the reassignment of a top administrator close to Francis. The moves signal a recalibration of Vatican power structures amidst ongoing financial reforms and legal proceedings.
More context
Sources
JQJO Editorial Desk · Human reviewed · AI assisted. Report a correction.
