GEORGE STEPHANOPOULOS: Director of National Intelligence came out with a report today saying that Vladimir Putin authorized operations during the election to under -- denigrate you, support President Trump, undermine our elections, divide our society. What price must he pay?

PRESIDENT JOE BIDEN: He will pay a price. I, we had a long talk, he and I, when we -- I know him relatively well. And I-- the conversation started off, I said, "I know you and you know me. If I establish this occurred, then be prepared."

GEORGE STEPHANOPOULOS: You said you know he doesn't have a soul.

PRESIDENT JOE BIDEN: I did say that to him, yes. And -- and his response was, "We understand one another." It was-- I wasn't being a wise guy. I was alone with him in his office. And that -- that's how it came about. It was when President Bush had said, "I looked in his eyes and saw his soul."

I said, "Looked in your eyes and I don't think you have a soul." And looked back and he said, "We understand each other." Look, most important thing dealing with foreign leaders in my experience, and I've dealt with an awful lot of 'em over my career, is just know the other guy. Don't expect somethin' that you're-- that -- don't expect him to-- or her to-- voluntarily appear in the second editions of Profiles in Courage.

GEORGE STEPHANOPOULOS: So you know Vladimir Putin. You think he's a killer?

PRESIDENT JOE BIDEN: Uh-huh. I do.

GEORGE STEPHANOPOULOS: So what price must he pay?

PRESIDENT JOE BIDEN: The price he's gonna pay we'll-- you'll see shortly. I'm not gonna-- there's-- by the way, we oughta be able that ol' -- that trite expression "walk and chew gum at the same time," there're places where it's in our mutual interest to work together.

Кина не будет!

That's why I renewed the start agreement with him. That occurred while he's doin' this. But that's overwhelmingly in the interest of humanity, that we diminish the prospect of a nuclear exchange. But that and SolarWinds as well. He's been -- they've done some mischievous things, to say the least. And so we're gonna have -- I'm not gonna announce what I'm doing, but he's gonna understand that --