On the eve of the US election, it has emerged that Treasury Secretary Hank Paulson is considering expanding the $700billion (£442billion) rescue scheme to include financial companies other than banks and insurers.

But his latest plan to help America’s stricken economy may be complicated by the results of the poll that is expected to see Democrat Barack Obama elected President.

Insiders told the Wall Street Journal that the programme is showing early signs of success, and Paulson now may consider providing funds for companies such as Ge Capital.

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