Preheat oven to 350°F. Line two baking sheets with parchment or silicone baking mats.
In a small bowl, mix yeast and water. Let stand 10 minutes.
In a medium bowl, whisk together flour, salt, cheese, and pepper. Add butter and rehydrated yeast.
Using your fingers, mix until a dough forms.
Knead dough for 5 minutes. Let dough rest for 5 minutes. Knead dough for 5 minutes more. Let dough rest for 10 minutes.
Roll dough to a thickness of 1/8-inch. Using a small cookie cutter, cut crackers. Dock with a skewer or tines of a fork. Transfer to prepared baking sheets.
Bake 20-25 minutes or until golden brown. Let cool on baking sheets.