Being from New England originally I always appreciated a good rich clam chowder. But living in the Southwest the past 35 years, I have learned to appreciate the Sonoran flavors. This recipe blends a comfort food memory with my current home flavor profiles.
Select saute setting on a 6-qt. electric pressure cooker. Adjust for medium heat; add bacon. Cook until crisp, stirring occasionally. Remove with a slotted spoon; drain on paper towels. Discard drippings, reserving 2 tablespoons in pan. Add butter to drippings in pressure cooker. Add onion, red pepper and chiles; cook and stir until tender, 7-9 minutes. Add garlic; cook 1 minute longer. Press cancel.
Drain clams; pour juice into pressure cooker. Set clams aside. Stir in potatoes and stock. Lock lid; close pressure-release valve. Adjust to pressure-cook on high for 4 minutes. Allow pressure to release naturally for 4 minutes; quick-release any remaining pressure. Select saute setting and adjust for low heat. Add clams, cream, taco seasoning and 1 tablespoon cilantro; simmer, uncovered, until mixture is heated through, 4-5 minutes, stirring occasionally. Press cancel. Serve with bacon and remaining