2 finger scroll not working on new 16" Macbook Pro

I use a trackpad on my old 27"imac. All of my apps work the same with my usb trackpad. I'm used to how things work - I do a 2 finger drag / scroll / pan, pinch to zoom in and out and 3 fingers to use my active tool.

I set things up on my new Mac to be identical. Everthing works as expected except PS. I'm using the laptop trackpad. In Photoshop, pinch to zoom works fine. 3 fingers uses the tool as expected but 2 fingers zooms instead of drag/pan/scroll. I can't figure out how to change it. I have all of my preferences set up correctly - gestures are on, etc. Anyone have it working correctly with a 16" Macbook pro? It's all working perfectly in Illustrator and InDesign. This is a brand new machine... just got it today.