01 - In a large pot or Dutch oven, cook the ground beef over medium-high heat, breaking it up with a spoon, until browned and cooked through. Drain excess fat if necessary.
02 - Add the diced onion, garlic, bell pepper, and jalapeño to the pot. Sauté for 4 to 5 minutes, until the vegetables soften.
03 - Stir in chili powder, ground cumin, smoked paprika, dried oregano, salt, black pepper, and cayenne pepper. Cook for 1 minute while stirring until fragrant.
04 - Mix in the tomato paste thoroughly.
05 - Pour in the crushed tomatoes and beef broth, then stir to combine.
06 - Stir in kidney beans and black beans. Bring the mixture to a simmer.
07 - Reduce heat to low, cover, and let simmer for 30 minutes, stirring occasionally.
08 - Taste and adjust salt and spices as needed.
09 - Ladle chili into bowls and garnish with shredded cheddar cheese and, if desired, cilantro, green onions, or sour cream.