In November 2025, the Trump administration presented a 28-point peace proposal to end the Russia-Ukraine war, triggering fierce bipartisan criticism in Congress and alarm among European allies. Multiple Bloomberg reports—including a leaked transcript of a phone call between Trump envoy Steve Witkoff and Putin aide Yuri Ushakov—reveal how the plan was developed in close coordination with the Kremlin, raising questions about the process, content, and strategic wisdom of the administration’s approach. This analysis examines four Bloomberg pieces published between November 24-26, 2025, applying systematic fact-checking to distinguish between verified facts, interpretive disputes, and gaps in the public record.