A group of conservative Latino Americans plan to launch a new coalition that will push for immigration reform.

The announcement comes in thre wake of reports that President Barack Obama is set to use his executive power to fix the nation's broken immigration system as early as next week, reports the New York Times.

According to Fox News, the president will use executive action to pass a 10-part plan that would defer deportations for undocumented parents of U.S. citizen and legal resident children. Immigrants who have been living in the country for over a decade could also be excused from deportation, in addition to young immigrants who were brought to the country as children.

Meanwhile, a group of conservative Hispanics announced on Thursday the launch of the Hispanic leaders for Immigration coalition, which consists of conservative Hispanic leaders advocating for immigration reform that is "addressed in a conservative way by the U.S. Congress," reports NBC News.

According to Alfonso Aguilar, the executive director of the Latino Partnership for Conservative Principle, stated that the Republican Party needs to do more to address reform, rather than merely criticizing or rescinding Obama's order.

"If they don't, it's going to put us in a very tough position. A tough position that it will be difficult to win the White House. It will be very difficult for Republicans to maintain the majority in the Senate," he said. "I think it's the message we are sending our fellow conservatives. It's not enough to oppose unilateral action. We need to lead on this issue. We have to reclaim it."

"We're going to do everything possible in our sphere of influence to see to it that this issue is fairly debated and brought to the floor for a vote," said Al Cardenas, former chairman of the American Conservative Union.

Hector Barreto, chairman of the Latino Coalition, also noted that many Hispanics are independent and are looking for "who's going to fix this problem."