Rocco Palma of Whispers in the Loggia has his sources and is usually correct. This is from him:
Seven months since now-Archbishop Theodore McCarrick was initially removed from ministry following a substantiated report of abuse (followed quickly by a second allegation), a lead Whispers op relays that the onetime cardinal – already stripped of his red hat by Pope Francis – will be dismissed from the clerical state by the Holy See within days.
By any measure, that outcome would've been unthinkable a year ago.... In many ways, it still is.
[This] penalty hasn't yet been levied on an American prelate. Yet even more, in any context, never has a "prince of the church" been removed from the priesthood altogether.
Clearly, terms like "unprecedented" and "watershed" can easily be overemployed or misused in moments like these.
In this singular case, however, to say they apply is the height of understatement.