Dolan said that Catholic leaders were surprised by how effective Pope Francis has been at improving the image of the church.
"What we were after was a good pastor with a track record of solid administration but fatherly warm, tender care for the sheep, for his people," Dolan said. "And, boy, we got that on steroids with Pope Francis. He's the world's parish priest."
"What he says is that the dollar is money, if the economy becomes our God, that's idolatry," Dolan said. "There's only one God and money ain't it, Okay? Money is morally neutral. It's how we use it that makes it sinful or good."
Dolan said that Pope Francis probably shrugged off criticism about his economic views, just as he reacted to being named Time Magazine's Person of the Year.
"He said, 'Time magazine? I'm more worried about timeless things.' Okay? So that's the way he is," Dolan said. "He shrugs and says, 'Well, thanks. Who cares?'"
Watch the video via ABC: