In a large stockpot, saute chicken, onion and garlic powder in oil until chicken is no longer pink. Remove chicken and shred, then add back into the stock pot.
Add beans, broth, chilies and seasonings. Bring to a boil. Reduce heat, simmer uncovered for 30 minutes.
Remove from heat and stir in sour cream and whipping cream, and then serve.
Instant Pot Instructions
Press the SAUTE button. Add olive oil to hot pot. Add in chicken, onion and garlic powder and cook for 4-5 minutes or until onions are translucent and the chicken starts to brown (we aren't fully cooking the chicken, just browning the edges).
Stir in beans, broth, chilies and seasonings (also add corn, if using). Place the lid on the top of the Instant Pot. Move the valve to SEALING (not venting).
Press the MANUAL (or PRESSURE COOK) button and set timer for 7 minutes.
When the timer is finished, move the valve to VENTING and do a QUICK RELEASE with the pressure (you can also let this do a natural release for a few minutes if you want).
Remove the lid and stir the contents of the pot. Press CANCEL to turn the "KEEP WARM" feature off.
Stir in sour cream and whipping cream, mix well. Scoop into bowls and serve.
Notes
You don’t have to use corn, but it does make this more hearty. If you want a thicker chili, only add 1 cup of chicken broth instead of 2 cups.This recipe is modified from Tried and Tasty.