Pope Names Bank Commission

Pope Francis has created a five-person commission to review the activities and mission of the Vatican bank. The new pontifical commission, which includes two U.S. members, reflects the pope’s desire to ensure the bank’s activities are in harmony with the mission of the universal church and the Apostolic See, said a Vatican communique published June 26. The commission’s aim is “to collect information on the running of the Institute” for the Works of Religion, the formal name of the Vatican bank, and then to present the results to Pope Francis. The commission, which includes Mary Ann Glendon, a Harvard law professor, and Msgr. Peter B. Wells, a top official in the Vatican Secretariat of State, is to have wide and unencumbered access to all “documents, data, information,” the Vatican said. -- July 1, 2013

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