Start by gathering and preparing your ingredients. Dice onions and peppers, mince garlic, and combine spices for chili.
Heat a dutch oven or medium/large pot over medium heat with 2 tablespoons olive oil
Once it's warmed up, add the diced onions and diced red bell pepper. Saute for about 5 minutes, until the onions become translucent. Then, add garlic and jalapeno. Stir and cook for 30 seconds or until garlic is fragrant.
Stir in spices and 1-2 tablespoons of the broth and allow the spices to bloom until the liquid has evaporated. Then, add tomato paste and stir to combine everything.
Add remaining ingredients - canned tomatoes, broth, and drained beans. Stir to combine and bring the mixture to a low boil. Then, cover and lower heat to low-medium. Simmer for at least 45 minutes. Adjust salt to taste (this will depend on the salt level of your broth).
Serve over rice, over Fritos, or with cornbread. Top with your favorite chili toppings, such as shredded cheese, sour cream, cilantro, jalapenos, and a squeeze of lime. Make it your own and enjoy!