Rice Pilaf

• 2 tablespoons butter
• 1/2 onion, minced
• 1/2 red bell pepper, minced
• 2 pinches kosher salt
• 2 cups long grain rice
• 2 3/4 cups chicken broth
• 2 strips orange zest
• Pinch of saffron strands, steeped in 1/4 cup hot water
• 1 bay leaf
• 1 1/2 cups frozen peas, thawed
• Golden raisins and pistachios for garnish