National Catholic Reporter

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Vatican City

Vatican signs financial transparency accord with U.S. officials

In a bid to improve its checkered record on financial transparency, the Vatican on Tuesday signed a cooperation agreement with the U.S. agency that fights against financial crimes.

The Vatican's Institute for the Works of Religion, known as the Vatican bank, has a long history of secrecy and scandals, and it has reportedly been involved in several shady operations during the course of its history. In recent years, top bank officials have been put under investigation by Italian magistrates for alleged money laundering.

Pope says Christians must learn to patiently endure trials, each other

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Patience in the midst of trials and patiently putting up with other people are marks of Christian maturity, Pope Francis told ushers and other staff members of the office that cleans and repairs St. Peter's Basilica and watches over the millions of people who visit it each year.

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July 4-17, 2014

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