A feedback circuit for a power converter (e.g., a non-isolated converter) is disclosed. The feedback circuit may include a sense circuit coupled to receive an output current of the converter. A sense voltage may be generated across the sense circuit and a voltage-to-current converter may be used to convert the sensed voltage into a feedback signal representative of the output current. The voltage-to-current converter may include a variable shunt regulator, resistor, and transistor. A voltage across the shunt regulator may change in response to a change in voltage across the sense circuit, and the feedback signal may change in response to a change in the voltage across the shunt regulator. A controller may be coupled to receive the feedback signal from the feedback circuit and may control switching of a power switch to regulate the output current based at least in part on the feedback signal.