Start by heating your olive oil right in the pressure cooker pot set on saute mode. The oil's gotta shimmer but not smoke, so keep an eye on it.
Throw in the finely chopped onion and green bell pepper. You wanna cook these until they soften up, 'bout 5 to 7 minutes. You can smell the sweet aroma starting now.
Stir in your minced garlic, smoked paprika, cumin, and if you’re feeling bold, red pepper flakes too. Let that cook for 1 to 2 minutes until you smell the spices waking up your kitchen.
Now add the rinsed rice right to the pot. Stir it around so each grain is coated with that yummy oil and spice mix. It kinda looks dry at first but will soak it all up.
Pour in the vegetable broth, tomatoes, tomato paste, and salt. Give everything a good stir. Place the lid and make sure the valve’s set to seal. Now bring it up to high pressure.
Once your cooker hits high pressure and the valve hiss gets steady, set a timer for 8 minutes. You can just kick back while the cooker works on its broth depth and steam cues.
After the time’s up, let the pressure release naturally for 10 minutes. Then do a slow release for any leftover pressure by carefully turning the valve. Open the lid and stir in those kidney beans. Heat through on saute mode for 3 more minutes.