1. Add oil to a large pot and heat on medium heat.
2. Add in onion, red pepper, and jalapeños. Stir and cook for 6-8 minutes.
3. Add in beans and spices & stir really well.
4. Add diced tomatoes and vegetable broth. Place the bay leaf in the pot.
5. Stir and raise temperature to high to bring to a boil.
5. Once at a boil, turn heat on low and let it come to a simmer. Cover and cook for 20 minutes.
6. Remove bay leaf after 20 minutes.
7. Using a masher, press the chili to bring to a thick consistency and less soup-like.
*Careful not to over-mash (should be about a minute or two of mashing) you should still see some beans and tomato chunks.