Alex Osola

President Trump is pushing Ukraine to accept a U.S.

peace plan.

In an interview late yesterday with Politico, Trump said Russia holds the cards in any peace negotiation and that Ukraine is, quote, losing.

Meanwhile, Ukrainian President Volodymyr Zelensky said today that he expects a 20-point plan worked on by European and Ukrainian officials will be shared with the U.S.

tomorrow.

He also expects meetings with Trump's national security team this week.

The White House didn't immediately reply to a request for comment on the discussions.

And Honduras' attorney general has asked global police organization Interpol to arrest the country's former president on corruption charges.

The former president, Juan Orlando Hernandez, was released from a U.S.

prison last week after a pardon from President Trump.

Hernandez was serving a 45-year sentence for a drug trafficking conviction.

It's a question that has been on a lot of people's minds.

How are U.S.

consumers doing these days?

There are the usual places to look, like credit card spending and debt levels.

But increasingly, that's only showing part of the picture, because a growing amount of consumer lending is shifting to less visible parts of the financial system, like private credit.

For more on the rise of private credit and what it means for our picture of the U.S.

economy, I'm joined now by Telus Demos, writer for Heard on the Street and co-host of the WSJ's Take on the Week podcast.

Telus, what kinds of loans are included in this umbrella of private credit?

What makes you think we're not seeing the full picture of consumer health?