Steers was admitted to the New York bar, and later to the District of Columbia bar, and worked with the DuPont company from 1939 to 1941. During World War II, he served in United States Army Air Corps from 1941 to 1946. After the war, he worked with GAF Corp. from 1948 to 1951, and the United States Atomic Energy Commission from 1951 to 1953. He also became president of several investment companies in New York from 1953 through 1965. Steers was said to have made his fortune during the 1950s through investing in mutual funds, forming the Atomic Development Mutual Fund in 1953 with a group of friends. The fund specialized in "securities of companies participating in activities resulting from the natural sciences."
Political career
In 1962, Steers entered politics and was an unsuccessful candidate for election in 1962 to the 88th Congress. He served as Maryland Republican State chairman from 1964 to 1966. In 1967, Gov. Spiro T. Agnew appointed Steers the Maryland State insurance commissioner, which remained until 1970. In 1970, Steers became Maryland Assistant Secretary of Licensing and Regulation and a member of the Maryland State Senate, serving from 1971 to 1977. He served as a delegate to the Republican National Convention in 1964 and 1984. In 1976, Steers was elected as a Republican to the 95th Congress over Democrat Lanny Davis and independent Robin Ficker, serving from January 3, 1977, until January 3, 1979. He ran for reelection in 1978 to the 96th Congress and lost to Democrat Michael D. Barnes, and unsuccessfully challenged Barnes in 1980. He was also an unsuccessful candidate for election as Lieutenant Governor of Maryland in 1982, losing to Democrat J. Joseph Curran, Jr. Steers was a resident of Bethesda, Maryland, until his death there in 1993.
Personal life
In 1957, Steers married Nina Gore Auchincloss, the daughter of Hugh D. Auchincloss and Nina S. Gore. Nina S. Gore had previously been married to Eugene Vidal, with whom she had one child, the writer Gore Vidal, Nina Gore Auchincloss's half-brother. Hugh D. Auchincloss later married Janet Lee Bouvier, the mother of Jacqueline Kennedy, who became a stepsister to Nina Gore Auchincloss. Kennedy was matron of honor at the wedding and then-Sen. John F. Kennedy was one of the groomsmen. Together, Steers and Nina Gore Auchincloss had three children:
Steers and Auchincloss were divorced in 1974. In 1978, he married Inge Gabriele Irwin, who he remained married to until his death. Inge had a son, Kristof Andreas Irwin, from a previous marriage who became Steers's stepson. Steers died on February 11, 1993, at his home in Bethesda, Maryland after a long battle with cancer.