The Attorney General or his designee may arbitrate, compromise, or settle any claim cognizable under section 1346(b) of this title , after the commencement of an action thereon. (June 25, 1948, ch. 646, 62 Stat. 984 ; Pub. L. 89–506, § 3 , July 18, 1966 , 80 Stat. 307 .) Historical and Revision Notes Based on title 28, U.S.C., 1940 ed., § 934 (Aug. 2, 1946, ch. 753, § 413, 60 Stat. 845 ). Changes were made in phraseology. Senate Revision Amendment This section was renumbered “2676” by Senate amendment. See 80th Congress Senate Report No. 1559. Editorial Notes Amendments 1966— Pub. L. 89–506 struck out provision requiring that approval of court be obtained before Attorney General could arbitrate, compromise, or settle a claim after commencement of an action thereon. Statutory Notes and Related Subsidiaries Effective Date of 1966 Amendment Amendment by Pub. L. 89–506 applicable to claims accruing six months or more after July 18, 1966 , see section 10 of Pub. L. 89–506 , set out as a note under section 2672 of this title . CFR Title Parts 14 1261 22 511 28 543 32 536 , 842 38 14 39 912 43 22