Creamy Pressure Cooker Macaroni and Cheese Recipe

Ingredients

• 4 cups water
• 1 (16 ounce) package elbow macaroni
• 3 tablespoons butter, softened
• 2 teaspoons dry mustard powder
• 1 1/2 teaspoons hot sauce (such as Frank's® RedHot®)
• 1 teaspoon salt, or more to taste
• 12 ounces American cheese, cubed
• 1 (6 ounce) package processed cheese (such as Velveeta®), cubed
• 1/4 cup grated Parmesan cheese
• 1/2 cup heavy whipping cream, or more to taste