Pat ribeye steak (1 pound) completely dry, and season generously with steak seasoning. Allow steak to rest with the seasoning on for 30 minutes, or in the fridge overnight.
In a large skillet over medium heat, add oil (2 tablespoons) and saute yellow onions (1 sliced into rings), bell peppers (2 sliced + deseeded), salt (1 teaspoon) and pepper (1/2 teaspoon) until soft and the onions are caramelized. Stir occasionally.
Meanwhile, combine heavy cream (1/2 cup) and cream cheese (1/2 cup) in a small saucepan over medium heat. Whisk as the cream cheese starts to melt.
Once the cream cheese has melted and the sauce starts to gently simmer, remove from the heat and stir in provolone (6 Ounces), salt (1/2 teaspoon), pepper (1/4 teaspoon), garlic powder (1 teaspoon), and hot sauce (1/2 teaspoon).
Place steak in the freezer for 10-20 minutes (this makes it easier to slice).
Use a sharp steak knife to slice it into thin strips against the grain.
Once veggies are cooked to your liking, remove them from the pan and set them aside on a plate.
Add remaining oil (1 tablespoon) to the skillet. Stir in steak, and cook until lightly browned (about 45-60 seconds on each side).
Divide the veggies and steak into 4 bowls. Ladle cheese sauce over the top. Serve warm, and enjoy!