VATICAN CITY, Feb. 24 (UPI) -- Pope Francis took a major step Monday in tackling the Vatican's finances, issuing a papal order establishing a new department and 15-member council to run it.
ANSA reported the council will include eight cardinals and bishops and seven members of the laity, headed by Cardinal George Pell of Australia. A Vatican spokesman, the Rev. Federico Lombardi, said the Council for the Economy "will determine policy and directives" and oversee the secretariat for economic affairs.