Biden sees best midterm elections for any president in 20 years

President Joe Biden witnessed the best midterm elections for any president in two decades after the projected Republican "red wave" missed its mark on Election Day.

Both chambers of Congress are up in the air, with Republicans holding 207 seats compared to Democrats' 184, with a majority of 218 needed. The Senate remains a toss-up, with Republicans holding 49 seats and Democrats, including two independents, holding 48. Senate races in Arizona and Nevada, as well as Georgia, which went to a runoff, will determine the majority.

Biden wrote in a tweet on Thursday that the Democratic Party lost fewer seats in the House of Representatives than any other Democratic president's first midterm in at least 40 years and had the best outcome for governor races since 1986.

"The American people spoke," he wrote.