Senior U.S. and Ukrainian officials in Geneva have been making progress toward a possible agreement on Washington's proposed peace plan, U.S. and Ukrainian officials said.

Why it matters: Diplomacy over the plan has accelerated since Axios revealed it Tuesday. President Trump has set a Thanksgiving deadline for reaching an understanding with Ukraine.

Catch up quick: Trump's 28-point peace plan would force Kyiv to give up additional territory in the east, agree it will never join NATO and accept full amnesty for Russians accused of war crimes. • On the other hand, the plan includes an unprecedented security guarantee from the U.S. and Europe modeled on NATO's Article 5, which would commit allies to treat an attack on Ukraine as an attack on the entire "transatlantic community."

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