This thread is dedicated to better understanding the role of the Presiding Bishopric in the Church. Here is a useful summary taken from material prepared by Bishop Keith B. McMullin who was serving as Second Counselor in the Presiding Bishopric in 2005.
The Presiding Bishop of the Church ... holds the keys as president of the Aaronic Priesthood. He exercises those keys as directed by the First Presidency and the Quorum of the Twelve Apostles.
[The Presiding Bishop] serves as a member of the Priesthood Executive Council, which includes members of the Quorum of the Twelve Apostles and other General Authorities. This council hears and evaluates proposals from the Young Men general presidency and gives counsel and direction regarding the Young Men program.
The Presiding Bishopric is also the channel through which temporal matters of the Church are carried out. These temporal matters include issues that deal with tithes; fast offerings; the recording, disbursement, and management of funds; and the welfare program of the Church and its humanitarian efforts. The Presiding Bishopric is also responsible for Church buildings; for membership records; for the production of temple clothing; and for the translating, printing, binding, and distributing of materials that are used in support of proclaiming and teaching the gospel. These materials include the scriptures, curriculum materials, posters, DVDs, videos, teaching aids, and the Church magazines—all in support of the spiritual purposes of the Church. All members of the Presiding Bishopric are General Authorities and as such can do whatever the First Presidency or Quorum of the Twelve Apostles asks of [them].
(Bishop Keith B. McMullin, The Presiding Bishopric, July 2005)↗
When God can do what he will with a man, the man may do what he will with the world. ~George MacDonald
