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Well, first, these bishops, cardinals, and priests who pronounce evident heresies or undermine Catholic teaching should be admonished by the Pope. If they do not repent, they should be removed. This is what the Church has always done.
Unless the Pope deposes them, they still retain their jurisdiction, even if they are heretics. Because of this, the sacraments remain valid. The sacraments are valid even when administered by schismatics or heretics, as long as they have jurisdiction and intend to do what the Church does. This must also be added.