L'Espresso magazine said it had seen minutes of meetings and emails showing mostly Italian cardinals felt that Cardinal George Pell had accumulated too much power.
Pell is an outsider brought by the pope to Rome from Australia to oversee the Vatican's often muddled finances after decades of control by Italians.
Pope Francis was given a mandate by the cardinals who elected him in 2013 to clean up after a series of financial scandals, mostly involving the Vatican bank.
Francis set up the Secretariat for the Economy last year and gave Pell, as its head, broad powers to clean up the Vatican's often troubled and murky finances and bring them in line with international standards.
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