Democrats held onto control of the US Senate, handing a major victory to President Joe Biden and extinguishing hopes of the “red wave” that Republicans had expected leading into the midterm elections. Biden – who struggled with low approval ratings ahead of Tuesday’s elections, partly due to public frustration over inflation – said the late Saturday outcome made him look forward to the remainder of his term in office. Senate Majority Leader Chuck Schumer described it as a “victory and vindication” for Democrats and their agenda. He accused the Republican Party of stoking fear and division duri…