Obama official: 'Fast-track' bill coming next week

Senators will introduce trade promotion authority legislation next week, a top Obama administration official said Thursday.

Commerce Secretary Penny PritzkerPenny Sue PritzkerDNC hauls in .5 million in June Michelle Obama officiated Chicago wedding: report Election Countdown: Trump plans ambitious travel schedule for midterms | Republicans blast strategy for keeping House | Poll shows Menendez race tightening | Cook Report shifts Duncan Hunter's seat after indictment MORE expects a “fast-track” bill to be introduced early next week in the Senate and said in a call with reporters that she is “anxiously awaiting to see the language.”

Pritzker is the first administration official to suggest a firm timeline for legislation that would grant President Obama "fast-track" powers for negotiating trade deals.

Speculation has been swirling about when the Senate Finance Committee would start moving on a bill.

Senate aides have said negotiations between Finance Committee Chairman Orrin HatchOrrin Grant HatchTrump to award racing legend Roger Penske with Presidential Medal of Freedom Trump awards Presidential Medal of Freedom to economist, former Reagan adviser Arthur Laffer Second ex-Senate staffer charged in aiding doxxing of GOP senators MORE (R-Utah) and ranking member Ron WydenRonald (Ron) Lee WydenDemocrats press for action on election security Interior gains new watchdog On The Money: NY prosecutors subpoena eight years of Trump tax returns | Senators struggle to get spending bills off ground as shutdown looms | Progressive tax-the-rich push gains momentum | Trump faces dwindling leverage with China MORE (D-Ore.) are making progress but that no deal had been struck.

President Obama wants the authority in order to move trade deals like the Trans-Pacific Partnership (TPP) through Congress, but his push is facing strong opposition from liberal lawmakers, particularly in the House.