"Yellen has requested an ethics waiver to hold the meeting, a Treasury spokeswoman said, confirming a Reuters report."
I don't see it as a clear conflict of interest that needs recusal out the gate. How much is that $700,000 to Yellen? The payments are done. What other speaking engagements has she made and how much did they account for? I remember when Tom Wheeler was put in to lead the FCC, and people were very much against him because of his ties to the industry, but by the time he was done, people had turned around on him.
So, here you have a case where someone isn't hiding something, is asking for a waiver, and being up front about this, and you are calling this open corruption.
Really? Open corruption? This means they've actively done something wrong, or corrupt, and I don't see that here.
Should this be looked at and watched? Sure.
Does that mean there is outright "corruption" here? No.