(RNS) — In a Facebook Live interview, SBC ethicist Russell Moore said that’s because banks would be issuing the loans, not the government. He also called a decision by Louisville, Kentucky's mayor to ban a drive-in Easter service ‘stupid.’
(AP) — The Vatican is denouncing offshore tax havens and financial instruments such as derivatives and credit default swaps as gravely immoral and unjust, calling them 'ticking time bombs' that hurt the world’s poor the most.
WASHINGTON (RNS) — Churches are reluctant to get involved in tax reform because it is complicated and they fear the impact of reform on themselves and their donors. So it was surprising to see the U.S. Catholic bishops grapple with this controversial topic.