The easiest way to stop event processing is to delete the binding between a filter and a consumer. In WMI terms the '__FilterToConsumerBinding' class is known as an association class, all it does is link together two other classes. Association classes are a pain to connect to directly so it's simpler to use another type of WQL query that returns the association class connected to your filter or consumer. The code below does exactly that and once you have the associator you can invoke its delete method to break the link. Do bear in mind that a filter or consumer may be associated with more than one other filter or consumer so you might get an array of results rather than just one.
$AssociatorInstance = gwmi -query "REFERENCES OF {__EventFilter='NewProcessFilter'}" -namespace "root\subscription"
$AssociatorInstance.delete()