Place the 4 cups of broth and the dry kidney beans into the pot of your Instant Pot.
Add 2 T of chili powder and salt and pepper.
Place the lid on your pot and press the beans/chili button. The timer should read 30 minutes. Allow it to come to pressure and cook.
While the beans are cooking, saute beef with onion and garlic.
When the timer beeps, do a quick release and open up the pot.