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Vatican bank reassures U.S. donors

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Catholic News Service

VATICAN CITY — Trustees of the U.S.-based Papal Foundation, which donates millions of dollars to papal charities each year, spent two hours at the Vatican bank April 20 and came away convinced that the institution’s bad press was undeserved, said Cardinal Donald W. Wuerl of Washington.

“I found it very reassuring,” the cardinal said in Rome. “The effort of the Holy See to be transparent is demonstrable.”

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