Preserve. Additional priorities included energy, transportation, veterans, wage and price controls, and Social Security. 1976 U.S. Senate campaign Steelman did not seek a third term in the U.S. House in 1976 but instead opposed the reelection of Senator Lloyd Bentsen. Senate returns gave Bentsen 2,199,956 (56.8 percent) to Steelman's 1,631,370 (42.2 percent). Bentsen not only defeated the 34-year-old Steelman by a comfortable margin of 56.8% to 42.2%. Steelman's U.S. House seat also reverted to the Democrats in 1976, with the winner being future Texas Attorney General James Albon "Jim" Mattox, who defeated the Republican Nancy Judy. Personal life Steelman never again sought office after the loss to Bentsen. In 1977, he began work with Alexander Proudfoot, a listed company on the London Stock Exchange, and is Vice Chairman. He has served as Group President for the Asia-Pacific region of Proudfoot and lived in Singapore for eight years to build the start-up there. In 1978, he was elected to the Common Cause National Governing Board. He was appointed by Governor George W. Bush to the Texas Growth Fund Board, a $600 million venture capital fund run by the State of Texas. He has also served as Vice Chairman of the Board at the John Tower Center for Political Studies at SMU and the Trinity Foundation, Chairman of the Dallas Council on World Affairs, and former President of Maxager Technology, Inc. (Profit Velocity Solutions). In August 2020, Steelman endorsed Joe Biden for president. He was a member of the steering committee of Republicans and Independents for Biden. Following the 2021 storming of the United States Capitol, Steelman signed a letter supporting the impeachment of Donald Trump. Steelman resides in Dallas and is married to Susan Seligman Fuller Steelman. He is the father of five children and the stepfather of two. He is an avid golfer and reads history and biography. References Official Website Congressional Quarterly's Guide to U.S. Elections, House and Senate 1942 births Living people Baylor University alumni Southern Methodist University alumni People from Dallas Politicians from Little Rock, Arkansas Candidates in the 1976 United States elections 20th-century American politicians Republican Party members of the United States House of Representatives from Texas