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Vatican finances

Has Leo found hidden value in reversing Francis’ financial policies?

What does the pope have his predecessor didn’t: new information, improving results, or just a different attitude?

Ed. Condon
Sep 14, 2026
∙ Paid

Pope Leo XIV on Monday repealed one of Pope Francis’ signature financial policies, rolling back a series of 2021 pay cuts and freezes for senior Vatican officials, including cardinals resident in Rome.

Pope Leo XIV. Credit: Vatican Media.

In a motu proprio dated Sept. 1 but published by the Vatican press office on Sept. 14, Leo wrote that “Those wage cont…

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