No they don't. God has that authority. All we have now is the Holy Spirit to lead us. Organized churches become corrupt and apostatized over time. We have the Bible (Gods Word) and the Holy Spirit and that's enough.
——God has that authority.——
And He gave authority to His Church, if you believe Him.
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If your brother sins [against you], go and tell him his fault between you and him alone. If he listens to you, you have won over your brother.
If he does not listen, take one or two others along with you, so that every fact may be established on the testimony of two or three witnesses.
If he refuses to listen to them, tell the church. If he refuses to listen even to the church, then treat him as you would a Gentile or a tax collector.
Amen, I say to you, whatever you bind on earth shall be bound in heaven, and whatever you loose on earth shall be loosed in heaven.
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The only debatable question is whether the Catholic Church is the visible (you can’t take disputes to an invisible church), authoritative Church that He established, which the gates of hell would not prevail against.
The answer to this question is a matter of historical analysis. There is only one Candidate. As Cardinal Newman said, to be deep in history is to cease to be Protestant.