Replaceメソッドもしくは-replace演算子を使う。-replaceは正規表現を使うことができる。
PS > "Kishida Cabinet".Replace("Kishida", "Abe") Abe Cabinet PS > "Kishida Cabinet" -replace "Kishida", "Abe" Abe Cabinet PS > "Kishida Cabinet" -replace '(.*) (.*)', '$1 and Abe $2' Kishida and Abe Cabinet