U.S. Markets closed

Vatican suspends "bishop of bling"

Bishop Franz-Peter Tebartz-Van Elst - dubbed the "bishop of bling" - is in hot water with the Vatican over a $42 million project to build a new luxury residence. Tebartz-Van Elst has been temporarily ousted from his parish as Pope Francis continues his push to put a humble new face on the Vatican. CBS News's Tina Krauss reports.