Press Sauté and set the time for 10 minutes. Pour the oil into the Instant Pot to warm for a minute or two. Then add the bell pepper, onion, and garlic. Cook, stirring often, until the onion softens, about 5 minutes. Stir in the tomatoes and continue cooking, stirring several times, until they begin to soften, about 2 minutes.
Stir in the chili powder, oregano, cumin, coriander, and salt until fragrant, just a few seconds. Add the beans and broth, then crumble in the ground beef and stir well. Turn off the Sauté function and lock the lid onto the pot.
Option 1:Max Pressure Cooker Pressure Cook on Max for 6 minutes with the Keep Warm setting off.
Option 2:All Pressure Cookers Press Bean/Chili or Pressure Cook/Manual on High pressure for 8 minutes with the Keep Warm setting off.
Option 3:Slow Cook Slow Cook on High for 3 hours with Keep Warm setting off (or on for no more than 2 hours)
If you’ve used a pressure setting, when the machine has finished cooking, use the quick-release method to bring the pot’s pressure back to normal.
Unlatch the lid and open the cooker. Press Sauté and set the time for 5 minutes.
Stir in the tomato paste. Bring to a full simmer, stirring all the while. Stir for 2-3 minutes at a full simmer until a little bit thickened and almost irresistible. Turn off the Sauté function and carefully remove the hot insert from the cooker to stop the cooking.
Notes
Beyond • For a 3-quart cooker, you must use 1/2 cup broth and halve the remaining ingredients. • For an 8-quart cooker, you must keep the ingredients as they are but increase the broth to 1 1/4 cups—or simply increase all the ingredients by 50 percent. • Serve with dollops of sour cream or plain Greek yogurt. • And/or serve with spoonfuls of pickle relish, or even purchased India relish (a more savory version of pickle relish), as well as bottled hot red pepper sauce. • Use a 50/50 mix of lean ground beef and lean ground pork.